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Covid has brought landlords and tenants together like never before. Two parties who typically met only occasionally, have sat down together and had open and honest conversations about real estate. In many cases, they’ve moved past their usual transactional relationship to adopt a partnership approach to support one another through Covid.  But as the end of the pandemic is in sight, is there a risk that the two sides will return to the opposite side of the ring, never to talk again? At an event held at the end of June, CoreNet’s UK Chapter brought together representatives from landlords (Stuart Cranna/ Aviva Investors, Mark Tyson/ Legal and General Investment ...
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Repositioning for Growth

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Coronavirus turned the world upside down in 2020 and discussions about the future of the office dominated the discourse. But we entered the new year full of hope which was reflected in the CoreNet Global UK Chapter Q1 theme ‘Repositioning for Growth. As a chapter we set out to discover who were the winners in the pandemic and how organisations were repositioning for future success. The high attendance rates and active participation in our events demonstrates that people are looking for answers to the questions being posed by their businesses. From hybrid working to the hub and spoke model, we have had experts from across the industry cover off the key topics ...
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Is the move to a Work Near Home office model a headline to sell newspapers or a trend that real estate professionals should be cognisant of?  More than 350 sign-ups to the latest Corenet event on March 4 would suggest that there is a swathe of interest in a Hub and Spoke portfolio strategy.   Hickey and the Instant Group presented their latest research “The Rise of Suburbia?” to assess the demand for regional workspace, the benefits of more office provision outside of city centres, and the limiting factors from a supply perspective.  Data from both Instant and IWG clearly shows that regional demand for desks has increased during lockdown. But is this simply ...
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After a year when corporate real estate was turned on its head, the sector has the opportunity to reposition for growth. We will spend the next quarter speaking to industry leaders across the real estate world about what they have done or what they have got planned to succeed in 2021 and beyond. Keep an eye on our LinkedIn page and the CoreNet website for upcoming events and insights. Do you have any thoughts on the subject or any burning questions? Let us know – we’d love to hear from you! #growth   #reposition   #grow   #CRE   #CorporateRealEstate
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CoreNet Global Hackathon

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The UK Chapter was delighted to be involved in the recent CoreNet Global Hackathon. The Hackathon created the opportunity for the corporate real estate community to come together to respond to the challenges posed by COVID-19 and ideate with peers from across the globe to develop collective solutions for the immediate crisis – and beyond. More than 1,000 members participated in   CoreNet Global’s COVID-19 Hackathon   with representation from 35 countries in 90+ teams. Teams addressed the following areas: 1)Space Utilization and Metrics; 2)Distributed Work; 3)Workplace Wellbeing; 4)The Autonomous Workplace; 5)Environment and Climate Change, and 6)Manufacturing ...
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Human Performance at Work

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On Wednesday 26 th   of June, CoreNet Global UK hosted the successful ‘Human Performance at Work’ event which focused on using science to evaluate the performance of people in the workplace and how we can use this insight to provide a human return on workplace investments.    The session was opened by moderator, Tom Flatau of TWI who discussed the evolution of the workplace from   Unilevers   ‘Philanthropic’ office design, to the industrial age through to when electricity was invented and transformed the workplace and gave rise to the concept of individual workstations. Tom spoke about how innovators keep looking at ways to create spaces that allow ...
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Occupier Insight Series

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Occupier Insight Series We hosted our first Occupier Insights event on the 22 nd  of May. Attended by 35 Occupiers, the focus was on delivering CSR objectives set by those not necessarily responsible for delivering them from a CRE perspective.   A more in depth summary from the event will be shared at a wrap up event later in the year but we wanted to share two key points that came out of the session. Occupiers are under enormous pressure to delivery CSR strategies but generally speaking:   The vast majority of landlords of multi-let offices are unable to adequately support occupiers in reaching their CSR objectives. This is both in ...
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IWG onboard

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We are delighted to welcome IWG onboard as the UK Chapter’s annual platinum sponsor. This is a particularly exciting partnership as IWG are considered leaders in workspace revolution. Their approach complements CoreNet’s mission of challenging the CRE community to continually improve workspaces for people and we are looking forward to working with them over the next year.   IWG’s companies help more than 2.5 million people and their businesses to work more productively. They do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services.   Digitalisation and new technologies are transforming the ...
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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 - from ...
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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 the importance ...
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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 what ...
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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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