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One of the only things that seem certain in today’s world is that uncertainty is here to stay. The Corporate Real Estate industry must listen to and learn from others across a range of sectors and gather knowledge. The UK Chapter of CoreNet Global has drawn together one of its most exciting and diverse panels of guest speakers. On the 9 th May they’ll share their insights into how they tackle uncertainty when making decisions in their respective sectors. Major General, Tom Copinger-Symes, CBE, has had to make decisions in incredibly hostile and challenging environments. He will draw parallels with the corporate world from his perspective in the military, ...
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Five things I learned at CoreNet One Big Day 2018 Tom Carroll, Head of Corporate Research, EMEA, at JLL A couple of hours at CoreNet One Big Day (OBD) is enough to get you the views of dozens of different corporate real estate leaders — and that’s just at the coffee points. If you want to test the temperature — of everything from business environment to portfolio strategy — this is the place to do it. I managed to do my own private polling in and out of the conference rooms, and this is some of what I picked up. 1. Uncertainty is the new normal – but it is not necessarily a barrier to growth We are seeing uncertainty in different guises everywhere ...
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The UK Chapter kicked off 2018 with Predictions & Resolutions hosted by M&G Real Estate. A thought provoking panel highlighted the importance of open dialogue and a need for deep understanding between the supply and demand sides of the industry to get to the heart of what the customer wants. The corporate real estate world is on the edge of a transformative era, facing demands from millennials, the rise of artificial intelligence in the workplace, the impact of Brexit and the imminent lease accounting law changes set to impact occupier portfolio strategies. With these challenges in mind, it’s time for suppliers of real estate to recognise ...
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Earlier this year our Workplace committee held two round tables, here we post the second roundup of what was discussed.  Attracting new talent, retaining the current talent – expertise, experience and enthusiasm This has been a hot topic for a number of years for a wide range of employers and is seen as vital to the future success of many blue-chip organisations. The discussion started with a proposition that we should establish a starting point in order to properly consider the question Understanding what people want from their environment and career is the precursor to creating optimised environments. HR departments need to focus on managing ...
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The Workplace Community roundtable took place on 20 June at UBS’s London headquarters. Chaired by Farrol Goldblatt and supported Melanie Woolcott who sits on the Workplace community for CoreNet Global’s UK Chapter, the session explored three themes, Smart Buildings, Artificial Intelligence and People, here we look at how smart technology is being used and the benefits it can bring to both FM and HR teams.   Thanks to all those involved for their time and input; Colin Holden, Pfizer Ltd; Julie Mercer, Unilever UK Holdings; Gail Meakin, European Bank; Jonathan Speary, Honeywell Control Systems; Rob Bullough, UBS; Matthew Graham, E&Y; Alison Webb, Lendlease; ...
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Artificial intelligence, the internet of things, the 4 th industrial revolution; they all incorporate different nuances however the overriding principle is that they will significantly impact upon our lives in the near future. There is already lots of discussion about what this means for us and the corporate real estate industry.  A recent survey in Forbes Magazine suggests that between 35 to 50% of jobs that exist now will be impacted and lost to the “beneficial” impact of automation. However, technology and the way it communicates with other systems is now being expressed in many aspects of our lives as we look to reduce cost and increase efficiency; ...
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More than just a cost: joint study by BNP Paribas Real Estate and CoreNet UK Chapter highlights critical role of support functions in driving business value Greater integration between finance, HR, IT and property teams in the strategic planning cycle has the potential to drive substantial value for businesses, new research has found. The emerging results come from a study being undertaken by CoreNet Global’s UK Chapter and BNP Paribas Real Estate into how support functions can provide the greatest value in the strategic planning process. Vernon Blunt, who leads the Strategy and Portfolio Planning Committee at CoreNet UK, said: “We are in the early ...
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CORENET GLOBAL UK SUPPORTS THE BRITISH COUNCIL FOR OFFICES' "WELLNESS MATTERS" RESEARCH PROJECT & STAKEHOLDER CONSULTATION   How to 'Deliver Health & Wellbeing' within the workplace is a major initiative for the CoreNet Global UK Sustainability Community. Earlier this year we hosted a highly successful round table event at Standard Chartered Bank called 'Delivering Wellbeing'. The event was attended by over 80 end user and service provider stakeholders.  At the event the British Council for Offices (BCO) Research Group Chairman, Bill Page, formally announced a major BCO research study ' Wellness Matters: Health & Wellbeing in Offices and ...
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CoreNet Global UK’s mentoring programme was launched last year to provide members at every age and career level confidential, one-on-one support from a team of voluntary mentors to help them achieve their career objectives. Although many organisations offer similar mentoring schemes, this is a completely neutral programme that allows those working in the corporate real estate sector to forge new relationships and seek impartial advice from outside the workplace. The programme, which is currently underway and has attracted numerous members to date, involves relationship building between mentor and mentee, followed by analysis of specific topics and incidents ...
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CoreNet Global UK has launched a study into how businesses can make better business decisions by involving their support functions in the strategic planning process. The research will be carried out by BNP Paribas Real Estate and will examine how IT, HR, sourcing, finance, procurement and facilities management teams can be better integrated in the strategic planning cycle in order to help businesses drive the maximum value from their real estate. To inform the research, BNP Paribas Real Estate has issued a call for evidence, asking people working within support functions for feedback on their company’s existing practices and their views on what could help ...
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Welcome to our first UK Chapter newsletter We want to take this opportunity to share some of the highlights from the year so far and give you an insight into what to expect from the UK Chapter and its Young Leaders over the next few months. We kicked off 2017 with Predictions & Resolutions alongside guest speakers MP Penny Mordaunt, who was appointed Minister of State for Disabled People, Health and Work last year, Chris Urwin, leader of Aviva’s global real estate research team, and Julian Lyon, a director in Savills’ worldwide occupier team. Click here for their predictions. The Young Leaders held an entertaining evening at The Old Truman Brewery ...
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CoreNet’s Predictions and Resolutions Breakfast Briefing has become a UK Chapter standard. Every year we invite three individuals from across the industry to provide us with their take on the property market, from the point of view of the occupier, landlord and agent. This year the format was changed slightly as we were lucky enough to have Penny Mordaunt MP, who was appointed Minister of State for Disabled People, Health and Work last year to give us the government’s perspective, alongside Chris Urwin, who leads Aviva’s global real estate research team, and Julian Lyon, a director in Savills’ worldwide occupier team. ...
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Well quite possibly! This is the picture emerging from a new global CRE survey conducted by Cushman & Wakefield (C&W) in conjunction with CoreNet Global as a follow-up to their 2015 study of industry trends. The report states that 'CRE leaders around the world are focused on strategies to attract and retain superior employees and help enhance their productivity. At the same time, they must continually find ways to reduce occupancy costs. The overriding challenge is to balance these two goals, which are often in opposition to one another'. This is so true. Talent management and innovation are considered top of company strategic challenges ...
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CoreNet Global UK & UKGBC: ‘Delivering Occupier Health & Wellbeing’ Consensus is that there has been more talk than action in relation to Health & Wellbeing (H&WB) within the workplace in terms of design and or operational standards. To a degree this is due to uncertainty between fact and fiction in terms of what might constitute a viable strategy; which strategy to follow amongst the myriad of Health & Wellbeing strategies on offer; and their impact on cost and or programme. The solution lies somewhere between ‘what has the greatest near term H&WB benefit’ and ‘ease or cost of implementation’. ...
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CoreNet Global’s UK Chapter event ‘One Big Day’, held earlier this month, took 250 delegates on a journey into the future. Guest speakers explored what work, life and play will look like in 2040 with a programme that challenged the needs of the wide range of organisations involved in CoreNet. Opening with a “live scene” from the future, actors debated the pros and cons of their lives in 2040, giving delegates an insight into what life could be like with artificial intelligence playing a huge part in managing our day-to-day lives as well as clothing that can monitor our vital statistics, control our body temperature, diet and even detecting illness. ...
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According to the Total Office Cost Survey (TOCS) 2010 the cost of renting a serviced office can often work out to be less than taking a conventional lease on an office with all the associated costs that brings. The TOCS survey looks at the build up of costs for leasing an office including rent, rates, annualised costs, and hard and soft facilities management and makes a comparison across a number of cities in the UK. To compare this with the cost of using a serviced office, Instant looked at the average cost of a workstation in the same cities, and added an allowance for additional services used such as telephones and internet provision. The results ...
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