What are some of the key drivers behind the sector’s growth?
Changing work practices and tenant expectations
Although UK office lease lengths hit record lows and as companies assess office needs due to remote work, great space is still an asset to a business - the FT reports that there is strong demand for high quality buildings in desirable locations that meet environmental requirements.
In 2024, office spaces are expected to be versatile, sustainable, technologically advanced, and focused on employee wellbeing. Enhancing office functionality without relocating can lead to significant cost savings for employers.
Greater focus on energy efficiency and environmental standards
The office fit out and refurbishment sector is growing due to a rising focus on sustainability, especially in the London office market. In 2022, two-thirds of workspaces in London aimed for ‘Outstanding’ or ‘Excellent’ BREEAM ratings, marking a 15% increase from the previous year.
The Minimum Energy Efficiency Standards (MEES) directive requires commercial properties in England and Wales to have an EPC rating of E or above to be let. However, Savills found that 185 million square feet of retail space does not meet the required standards. With the government consulting on plans to raise the standard to a C rating by
www.tomorrowsfm.com
2027 and a B rating by 2030, building owners need to take action to avoid re-leasing restrictions.
Creating more positive, environmentally friendly workplaces
The surge in office refurbishments demonstrates the evolving needs of the workforce and the growing focus on sustainability. With office spaces becoming more versatile and employee-focused, companies can benefit from improving their existing spaces. Professional guidance and compliance with regulations are essential for successful refurbishments and choosing a dependable building control provider such as Harwood can help projects run smoothly.
Looking ahead, facilities management teams will continue to play a critical role in ensuring that these projects meet the long-term needs of the business. As demand for sustainable office spaces grows, facilities managers will need to implement innovative solutions that enhance building performance, reduce environmental impact, and create healthier work environments.
To find out more about what an experienced building control team could bring to an office refurbishment project, get in touch using the website below.
www.harwood.uk.com TOMORROW’S FM | 51
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64
