Practical Facilities Tips, News & Advice.
A new report from JLL finds commercial real estate (CRE) occupiers are “willing to put their money where the tech is,” with over 80% of companies increasing technology budgets despite a challenging operating environment. According to JLL’s 2023 Global Real Estate Technology Survey, 91% of occupier respondents are willing to pay a premium for tech-enabled space […]
Editor’s note: FM Perspectives are industry op-eds. The views expressed are the authors’ and do not necessarily reflect those of Facilities Management Advisor. Buildings represent more than 40% of U.S. carbon emissions, and natural-gas-fired HVAC, water heating, cooking, and other systems represent the largest fraction. With a growing profile of electric products entering the market, […]
Office conversions in the U.S. are on pace to more than double their recent annual average this year, with momentum picking up due to increased incentives and other support from state and local governments, according to new insight from CBRE. CBRE analyzed the number of office conversions in major U.S. cities since 2016 and found nearly 100 projects […]
The International Facility Management Association (IFMA) has announced a new partnership with nonprofit organization Building Cyber Security (BCS) to offer IFMA members resources, training, and tools to mitigate cyber risk in facility operations. As buildings become smarter and more connected, the risk grows that a cyberattack to building systems can result in the shutdown of a facility, […]
As the modern workplace has evolved to become more flexible in recent years, the building and facility teams behind these spaces have been pushed to adapt alongside them. With the day-to-day uncertainties of the COVID era largely in the rear view, most organizations have implemented policies to give direction to their workforce on the company’s […]
As environmental consciousness grows, carbon footprints have become a critical concern for businesses across various industries. In particular, commercial buildings account for a significant portion of greenhouse gas emissions due to their energy-intensive operations, with heating, ventilation, and air conditioning (HVAC) systems playing a substantial role. In this article, we will explore 10 effective strategies […]
Equipment and inventory are key assets for any business, and they need to be managed at all times. The terms are often used interchangeably—but, they have distinct meanings. In a nutshell, equipment refers to those fixed assets used in the office, such as computers and chairs, while inventory encompasses those assets meant for resale. That […]
In the aftermath of the COVID-19 pandemic, the commercial real estate and building management sectors have had the opportunity to adapt and capitalize on new opportunities. Among the various sectors comprising the industry, the U.S. engineering and construction segment has demonstrated impressive growth, with a notable 8% increase in construction spending during the beginning of […]
Companies are more proactive about office attendance than last year, with 65% saying they’re requiring in-office work at least some of the time, according to a new survey by CBRE of 207 companies with U.S. offices. This is more than double the respondents that required in-office attendance last year. Partly due to those proactive efforts, office […]
A new report from worktech company Eptura highlights macro trends at workplaces across the globe, including a wave of office returns and four main issues emerging in today’s post-pandemic work environment. The Workplace Index Report draws on a representative sample of more than 6,000 organizations within Eptura’s global customer base to showcase emerging patterns in […]