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LONDON Delegate FIT-OUT 2017 Programme LONDON Delegate FIT-OUT 2017 Programme Winds of Change (Act II - Ten Years on) DATE Thursday, 27th April 2017 Half Day TIME 8:00am - 2:00pm ADDRESS Fieldfisher, Riverbank House Conference 2 Swan Lane EC4R 3TT VENUE SPONSOR SPONSORS MEDIA PARTNER POWERED BY Commercial Focus Legal Excellence Occupational Engineering, Projects and Construction Transport Renewables Professional Real Estate Assets Hotels Healthcare Technology Our fully integrated engineering, Antony Phillips Cecily Davis projects and construction team Head of Head of Engineering, Real Estate Projects and Construction works against the backdrop of our E: antony.phillips@fi eldfi sher.com E: cecily.davis@fi eldfi sher.com fi rm’s strong sector focus. We help negotiate and draft documentation, provide advisory support and clarity James Flynn Louise Elmes when projects are in development Engineering, Projects Engineering, Projects and o er the full spectrum of dispute and Construction and Construction resolution tools when required. E: james.fl ynn@fi eldfi sher.com E: louise.elmes@fi eldfi sher.com Belgium I China I France I Germany I Italy I Netherlands I UK I US (Silicon Valley) | fieldfisher.com PART OF THE Welcome to LONDON London Fit-Out 17 FIT-OUT Welcome to London Fit-Out 2017, the second- Special thanks to time we have held this conference at the rather our Sponsors wonderful premises of Fieldfisher overlooking the City of London. The location provides delegates with a unique vantage point to see the London office market at first hand and, judging by the view from the balcony, the market is in rude health – increased numbers of development planning permissions, tall buildings all around and the London office investment market at record levels, according to the latest figures from CBRE (Q1 2017). However, for many ‘clients’ the past 12 months has been incredibly traumatic. As unique challenges have swept across the industry and the winds of change have taken hold. The recently announced General Election in June; Brexit and the implications for UK plc and the potential ripples to world stock exchanges, as the USA / Russia continue to stride across the worlds war zones. How this all works itself down into the fit-out sector is an important question: changing developer expectations; immigration and the availability of construction resource; the growing impact of AI (Artificial intelligence) on the way we work; off-site fabrication and MMC (modern methods of construction) and of course the growth of co-working as a viable solution to the needs of the gig-economy and its effect on the office market, to name but a few. London Fit-Out has always been resilient and resourceful, however it must now learn more than ever to bend and evolve as the needs of clients – whether they Pop up Showcase be an occupier, developer or end user - and listen to the winds of change moving Exhibitors across our industry. Matthew Battle, Follow us! Managing Director, UK Property Forums @UKPForums KEY NOTE SPEAKERS Listen to the influential speakers within the market place Including: TANYA BECKETT ANTONY PHILLIPS MATT BRAY PAUL NASH RICHARD BEASTALL BBC World News Fieldfisher Paragon Jansons Property tp bennett See the full schedule and additional speakers on page 5 We strive to be the most caring, innovative & effective furniture company with the world’s best supply chain. For 20 years, we have collaborated with architects, designers, project managers and corporate clients to deliver projects of all sizes and budgets. Today, our team is made up of 17 account managers, 11 project management staff, 5 accountants, 2 warehouse supervisors and 2 marketing coordinators, not forgetting Pip and Baxter, our resident office dogs. As a non-tied furniture company, we have a groundbreaking and innovative appointment process that allows clients to benefit from our trade pricing, our vast supply base and extensive knowledge. We cover every aspect of furniture selection and procurement from budgeting through to selection, ordering, delivery and installation as well as long term maintenance of warranties and servicing. To find out more about our process or to discuss a project, contact Matt Davies ([email protected]). 020 7549 5454 [email protected] 31 Pear Tree St, London EC1V 3AG www.thefurniturepractice.com PART OF THE Today’s Conference LONDON Programme FIT-OUT 8.40am WELCOME from MATTHEW BATTLE, Chair for the Morning and Managing Director, UK Property Forums 8:45am Winds of Change (Act II ten years on) In 2007, the chill winds of the global financial crash, swept across the business landscape. Today, we face new winds of change from Brexit, Trump, Middle East and the EU. What does this all mean for UK business and the London construction sector? KEYNOTE TANYA BECKETT, BBC World News Correspondent Tanya has worked in broadcasting and the media for over twenty years. She started out at the FT, then went to work for CNBC, Sky News, CNN and since 1998, the BBC. She has worked on a variety of programmes on BBC World News, the News channel, Radio 4 and BBC1 and BBC2 including Our World, Working Lunch, Today, World Business report, Newsnight and World Business Report. She also spent 3 years living in and reporting from New York. Tanya has a degree from Oxford University in Metallurgy and Materials Science and spent 5 years as an investment banker in Frankfurt and London. INDUSTRY RESPONSE PAUL NASH, President, CIOB and Consultant, Jansons CHAIR MATTHEW BATTLE, Managing Director, UK Property Forums PANEL ANTONY PHILLIPS, Head of Real Estate, Partner, Fieldfisher PLUS THE KEY NOTES 9:45am London Market Overview GRAHAM SHONE, Senior Analyst, Estates Gazette Interactive 10.00 - Developing New Ways of Building: What developers expect from the fit-out sector? 10:45am CHAIR MATTHEW BATTLE, Managing Director, UK Property Forums SPEAKERS PETER RUNACRES, Senior Project Director, Argent LLP RICHARD BEASTALL, Principal Director, tp bennett PANEL JASON KERR, Senior Director, Head of Commercial Fit-Out, Projects Group, CBRE GRAHAM SHONE, Senior Analyst, Estates Gazette Interactive PLUS THE KEY NOTES 10:45 - Coffee Break - Opportunity to network and view the Pop-Up Showcase Exhibitors 11:15am and to enjoy the views of London 11:15am The Elephant in the Room: Is the traditional workplace analysis process the reason for low productivity levels in the UK? Could a pro-active approach to the selection of furniture be part of the solution? CHAIR SIMON PADDISON, Principal Designer, Three Sphere Workplace SPEAKERS CRAIG KNIGHT, Owner+ Director, Haddleton Knight KEN KELLY, Director, The Furniture Practice PANEL JULANNE MINSTER, Delos (Well Building Standard) 12:00 - Contractual Shifts - 12:45pm How Market Forces are changing forms of procurement CHAIR ALAN DAY, Consultant (former Partner), Cushman & Wakefield responsible for the UK. SPEAKERS LOUISE ELMES, Partner, Projects & Construction, Fieldfisher PANEL STEPHEN SPROAT, Divisional Director, Paragon Fit-Out ADRIAN BOYCE, Director Project Management, JLL 12:45pm Open Forum and Summary with Matthew Battle 13:00 Lunch is served PART OF THE The Fit-Out LONDON Interview FIT-OUT UK Property Forums asked one of the UK’s fast growing fit-out companies what they see as the major changes in the London fit-out market place over the past few years. MATT BRAY, Managing Director, Paragon Fit-Out Q Are developers approaching the fit-out process in a more professional manner? A We work extensively with many of the major developers in London and we have seen increasing evidence of developers negotiating with base build contractors through to Cat B fit out over the past year. For example, The Financial Times (Nikko Index) is moving into Bracken House in the city of London and McLaren have been appointed on a turnkey solution. Q With the changing issues in the US/UK/European We have also seen similar contractor appointments, economies, have you noticed any changes in such as Lend Lease for the Financial Conduct your workload? Authority’s new HQ at Stratford and TFL’s move to The International Quarter. A The current market is still very diverse with larger schemes dominating the future pipeline. The trend for We have also noticed that a few of the larger fit-out serviced office space has existed for the several years projects have been procured through Construction and is not necessarily a direct reflection of the US, UK Management (CM) procurement, such as at No 5 or European economies. Broadgate, but we are not seeing this trend increase across the market and certainly not on the smaller - The last recession heralded a change in attitude schemes. What we are seeing on the smaller schemes, towards working, and saw an increase in smaller, is a move towards fixed price, lump sum dominating more personable businesses. The need for dedicated the sub £20m market. The larger schemes are having to long term office space for these businesses has offer more attractive procurement routes such as two- decreased and as such, the uplift in demand for stage to get the right level of interest from the Tier One modern, serviced offices (such as WeWork and The fit-out contractors. Office Group) has increased. To conclude, the fit-out market is yet to see a fully We see this trend continuing and have created a completed turnkey development where the base build business at Paragon Fit-Out which can work on contractor undertakes and completes the Cat B fit-out. schemes large or small, complex or relatively simple. It remains to be seen if this route will prove beneficial We see this trend of being
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