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Grosvenor teams up for €250m return to French offices

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Storey launch will plug gap in flexible workspace market

first_imgThese are just some of the laments we’ve heard recently from a series of fast-growing enterprises who are dissatisfied with their current office space and are looking for something more suited to their needs.I’m referring to a gap in the market we have identified at British Land that will fulfil the needs of two key groups: the first includes fast-growing businesses employing between 20 and 70 people that may have outgrown a co-working space and that are yearning for an all-in, fully serviced new home so they can concentrate on their core business; the second concerns larger customers, from tech groups and media organisations to law firms and banks, which are seeking additional short-term space for important projects for which they have been asked to scale up rapidly.So, on Tuesday, we launched Storey, a flexible workspace concept that we first flagged up at the time of our full-year results in May.It will provide bespoke space for fast-growing and established companies on our Broadgate, Paddington Central and Regent’s Place campuses in London and will be fully serviced by our asset management arm Broadgate Estates.British Land signed up DIY retail group Kingfisher to take 25,000 sq ft at 2 Finsbury Avenue, Broadgate, in the property company’s first flexible workspace deal.We believe these neighbourhoods are ideal for Storey because they already accommodate successful businesses that need to grow, and because flexible workspace will also add to a mix that now includes retail, leisure, office space and, in some cases, residential.Fundamental change to London officesThis is not to say that British Land customers won’t continue to want to lease an office building for 15 years with traditional five-yearly rent reviews. That arrangement still works well for both property owner and customer, giving security for both sides.The issue is that since the global financial crisis, the London office market has changed more fundamentally than at any time since the 1980s ‘big bang’, and we are satisfying a large new area of demand.At least 40% of the UK workforce will soon be freelancersMultiple studies say that at least 40% of the UK workforce will be freelancers in the next few years, and whether these are project teams at media groups or fintech experts at banks, we want to be able to accommodate their needs.The needs of the 20 to 70 employee companies we are seeking to house are summed up in a report published by Storey this week, ‘Unlocking SME office productivity’, which examines how a sector that contributes £217bn a year to the UK economy is affected by its office environment.Of the 500 SME decision-makers Storey spoke to, most were frustrated with their current office space, with 69% agreeing that improving the design and layout of their office would significantly improve productivity in their business.More than a third of those polled are embarrassed when clients visit their offices, and 37% believe they are losing out on attracting the best talent due to the state of their workplace.For the sake of the companies quoted earlier on, which bemoan their faulty wifi, the broken coffee machine and the wasted time spent answering the door, we hope that Storey can play its part in helping its customers continue to grow.Joff Sharpe is head of operations for British Landlast_img read more

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Curfew time decreased as Cabinet adjusts COVID-19 protocols in St. Lucia

first_img · The curfew hours are adjusted from 9:00pm to now start from 12:00am (midnight) to 5:00am each day. The Amendments to the Emergency Powers (Disasters) (COVID-19) Order will come into effect from Monday, June 15, 2020 and are as follows: These adjustments are in-keeping with the commitment by the Government of Saint Lucia to review and assess the situation and to make adjustments accordingly in support of the phased re-opening. Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… · A person may host or attend social activities (parties, picnics, weddings, receptions, banquets) in keeping with the established physical distancing and other public health protocols. However, mass crowd events, sporting tournaments and contact sporting events remain restricted social activities. Oct 16, 2020 You may be interested in… Curfew moves to 8pm …outdoor dining permitted as Guyana enters phase three of reopeningEven as Guyanese are being encouraged to stay safe and safeguard themselves against the deadly Novel Coronavirus (COVID-19), they have been afforded more time to conduct their daily affairs, as government reduced the time for the national curfew in some regions. This and other amended measures, which form part of…July 17, 2020In “General”St. Kitts And Nevis Confirms Two COVID-19 CasesNATIONAL STATEMENT ON COVID-19 By the Hon Wendy Colleen Phipps Minister of State with Responsibility for Health March 25, 2020 In my capacity as Minister of State with Responsibility for Health, it is my duty to inform you that as of 11:03 pm on Tuesday, March 24, 2020, the Federation…March 25, 2020In “CARICOM”Update St. Kitts and Nevis – Prime Minister Address to the Nation: April 24My Fellow Citizens and Residents:Last Friday, the 17th of April, after a long debate in the National Assembly, a Resolution was passed by a two-thirds majority as required by the Constitution, to extend for six (6) months the State of Emergency, which began on the 28th of March 2020. This was necessary…April 25, 2020In “General”Share this on WhatsApp CMO says Saint Lucia at critical stage of COVID-19 outbreak More deaths from COVID-19 recorded in CARICOM countries,… center_img Six Eastern Caribbean countries deemed safe for travel – CDC · A person with a valid liquor licence may expose for sale or dispose of intoxicating liquor in accordance with the Liquor Licence Act, Cap. 13.17. Oct 15, 2020 St. Lucia records more cases of COVID Oct 15, 2020 The Cabinet of Ministers has adjusted the protocols for operations during the State of Emergency which includes the lessening of the curfew time and hosting of social activities with the established health protocols in place. Oct 16, 2020last_img read more

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Praxair Canada secures supply contract

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U.S. offshore rigs claw up to 51. Onshore rigs down by 87

first_imgBaker Hughes on Friday issued its weekly rig count for U.S. and Canada. U.S. Offshore rig count rose by one, but onshore rigs were down by 87 units.BHI Rig Count: U.S. -87 to 1456 rigsU.S. Rig Count is down 87 rigs from last week to 1456, with oil rigs down 83 to 1140, gas rigs down 5 to 314, and miscellaneous rigs up 1 to 2.U.S. Rig Count is down 315 rigs from last year at 1771, with oil rigs down 276, gas rigs down 37, and miscellaneous rigs down 2.The U.S. Offshore rig count is 50, up 1 rig from last week, and down 4 rigs year over year.BHI Rig Count: Canada -13 to 381 rigsCanadian Rig Count is down 13 rigs from last week to 381, with oil rigs down 16 to 184, and gas rigs up 3 to 197.Canadian Rig Count is down 240 rigs from last year at 621, with oil rigs down 225, and gas rigs down 15.Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Hughes initiated the monthly international rig count in 1975. The North American rig count is released weekly at noon central time on the last day of the work week. The international rig count is released on the fifth working day of each month.last_img read more

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Seven Seas Shipping joins AOP Project Partners

first_imgSeven Seas Shipping is an independent forwarder that was incorporated in 2002.Headquartered in Amman, the company’s operations department is based in Aqaba which enables better control and monitoring of shipments.The company says that it has become one of the major operators in Jordan’s freight forwarding sector by offering competitive rates allied to professional service. It offers multimodal solutions in handling all types of cargo including general cargoes, heavy and oversized project consignments, ro-ro shipments and hazardous goods.For further information about the company visit: www.7seasjordan.comFor further information about AOP Project Partners visit: www.aop-projectpartners.comlast_img read more

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Giraffes go long haul

first_imgThe animals were bound for various animal parks in the Zhengzhou region. Weighing a combined total of 38 tonnes, some of the giraffes stood as tall as 3 m. They required special transportation containers (as well as food, water and onboard animal specialists) to keep them safe, secure and comfortable during their journey.The carrier’s abc CARE live animals team ensured all of the flight and handling procedures complied with IATA’s Live Animals Regulations.“In the first half of 2018, we witnessed an 18 percent increase in the transportation of live animals, which reflects our reputation as a proven and reliable service provider for these specialist air cargo services,” highlighted Sergey Lazarev, general director of ABC.www.airbridgecargo.comlast_img read more

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Green Pin sizes up

first_imgGreen Pin now offers a choice of four sizes of lifting chains with matching fittings, featuring working load limits of 2.6 tons (2.4 tonnes), 4 tons (3.6 tonnes), 5 tons (4.5 tonnes) or 6.8 tons (6.2 tonnes). The chain fittings include a connecting link, a shortening hook and a sling hook. www.greenpin.comlast_img

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Alstom delivers first locomotive bodyshell to India

first_imgINDIA: The first bodyshell for the fleet of 800 WAG12 twin-section electric locomotives which Alstom is to supply to Indian Railways was unloaded at Haldia in the Port of Kolkata on September 20, ready for delivery to the factory at Madhepura where the fleet will be assembled.In November 2015 the Ministry of Railways selected Alstom for a contract to supply the electric locomotives from a factory to be built by a joint venture of the manufacturer and Indian Railways (26%). Deliveries are scheduled for 2018-28.The contract allows for the first five locomotives to be imported, but the remaining 795 are to be manufactured locally in support of the government’s Make in India campaign. The 9 MW locomotives with a maximum speed of 120 km/h will be a development of Alstom’s Prima family that includes locomotives supplied to Kazakhstan, with modifications to suit Indian requirements. They will be equipped with ABB transformers and Knorr-Bremse braking systems.Indian Railways intends to use the locomotives to haul 6 000 tonne trains at 100 km/h on the Eastern Dedicated Freight Corridor, and on other routes to raise the average speed of heavy freight trains from between 25 and 30 km/h to between 50 and 60 km/h.Separately, GE Transportation has a similar deal to supply diesel locomotives for Indian Railways.last_img read more

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Construction Underway for World’s First-ever LNG Cruise Ship

first_imgIn a first, an AIDA Cruises ship is set to be the first of seven such ships operated by Carnival Corp. & plc that use liquefied natural gas for propulsion and power in port. This move comes at a time when there is a global trend to curb emissions across all spectrums.AIDAprima, and her sister, AIDAperla, will be the world’s first cruise ships capable of producing their energy from LNG while docked in port.The ships are being built by Meyer Werft in Papenburg and Finland’s Meyer Turku and are to be delivered between 2018 and 2022.AIDA President, Felix Eichborn, said, “One of the main tasks AIDA Cruises sets itself is to make cruises sustainable. With AIDAnova and its sister ship, we are sticking to this course with our pioneering work. Thanks to our trailblazing “green cruising” design, the use of only LNG in the cruise industry will become a reality in 2018.”In Hamburg, Rotterdam, Le Havre, Southampton, and Zeebrügge, AIDAprima can be operated with LNG while docked. AIDA Cruises is working to make the technology available in even more ports in Europe. Author: Priyanka Ann Sainilast_img read more