Latest news with #workplaceexperience
National Post
5 days ago
- Business
- National Post
Kinly Merges with Yorktel to Accelerate Global Growth and Expand Managed Services and Systems Integration Portfolios
Article content WALL, N.J. — Yorktel, a New Jersey-based global AV systems integrator and managed services provider, today announced it has signed an agreement to combine with Kinly, a global AV and UCC integration firm headquartered in Amsterdam, to merge the two firms into a premier workplace experience and collaboration provider with unparalleled reach. This strategic merger will significantly accelerate global growth and expand next-generation systems integration capabilities with a larger talent base and portfolio of managed services and technology offerings. Article content The addition of Kinly's operations, workforce, and client base will enhance Yorktel's ability to meet the evolving needs of enterprise and public sector clients and provide a world-class customer experience across the globe. With complementary cultures and a shared commitment to service excellence, the planned integration strengthens Yorktel's position as a trusted partner in digital workplace transformation while bringing additional capabilities and capacity to Kinly customers worldwide. Article content 'This acquisition is an intentional step forward to grow with purpose and is an example of what is still to come as we pursue our strategy and deliver advanced solutions to our global clients,' said Ken Scaturro, CEO of Yorktel. 'We are committed to leading the next wave of agentic transformation — simplifying operations, reducing complexity, and empowering organizations to work smarter all while improving the customer experience.' Article content 'Merging with Yorktel marks an exciting next chapter for our team and customers,' said Tom Martin, CEO of Kinly. 'Our organizations are aligned in values, strategy, and a relentless focus on delivering exceptional outcomes for our clients. Together, we will drive innovation, provide great opportunities to our employees and partners, and create even more value in a rapidly changing collaboration market.' Article content Together, the merged company will serve over 2,500 clients across 27 global locations, with more than 1,600 employees, including 900+ industry-specialist accreditations. This expanded scale elevates the ability to deliver truly global managed services, from on-site support and proactive monitoring to remote management, cloud voice, and AV lifecycle services, with greater consistency, capacity, and speed. Clients will benefit from broader geographic coverage, unified service operations, and an enhanced portfolio of AV, UCC, and UCaaS solutions, all backed by a commitment to ISO-certified security practices. Article content 'We are proud to support the combination of Yorktel and Kinly, allowing both companies to be more relevant and valuable to their customers through their combined offerings in the continuously evolving AV space,' said Carlo Padovano, Partner at OEP. 'Yorktel's scaled North American and global footprint is perfectly complemented by Kinly's extensive European base. Combined with their joint Asia Pacific capabilities, this creates unmatched global delivery,' added Otavio Birman, Principal at OEP. The transaction is subject to customary regulatory and other approvals. Article content About Yorktel Article content With over 40 years of experience supporting Fortune Global 1000 companies and top government agencies, Yorktel is a trusted global systems integrator and managed services provider. As a founding pioneer of managed services in the video communications industry, we deliver AI-driven collaboration technology solutions, next-gen global integration, and holistic managed services to transform digital workplaces, optimize technology estates, maximize productivity, and reduce costs. For more information, visit Article content About Kinly Article content Kinly Article content is a leading AV and UCC systems integrator and the largest in Europe. It has over 25 years' experience, and an international reach with 19 offices across EMEA, US and APAC. Article content Kinly specializes in complex AV integration, UCC, corporate communications, workspace management, corporate communications, events and managed services. From small installations to global digital transformations, Kinly collaborates with the world's leading organizations to deliver their workplace ambitions with a unique and unrivalled service built on core pillars of innovation, security and quality, as well as a commitment to responsibly designed solutions. About One Equity Partners One Equity Partners ('OEP') is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit Article content Article content Article content Article content Media Article content Article content Article content Article content
Yahoo
12-06-2025
- Business
- Yahoo
Colliers releases 2024 Global Sustainability Report; announces refreshed sustainability strategy, 'Built to Last'
BANGALORE, India, June 12, 2025 /PRNewswire/ -- Colliers (NASDAQ: CIGI), (TSX: CIGI), a leading diversified real estate professional services firm, released its 2024 Global Sustainability Report, highlighting the firm's achievements and progress against targets established in 2021. The company's refreshed sustainability strategy, Built to Last, elaborately conveyed through the report, includes targets for addressing the firm's own GHG emissions and helping its clients do the same. The strategic framework rests on three interconnecting themes - Environmental Sustainability, Workplace Experience, and Ethical Governance & Practices. Environmental Sustainability addresses the growing need for decarbonization pathways that enhance asset resilience and align with climate change mitigation goals. Workplace Experience focuses on people – their safety, well-being, and acceptance. And Ethical Governance & Practices emphasizes the firm's commitment to ethical business conduct and transparent governance, particularly around data privacy and proactive cybersecurity measures to protect the interests of internal and external stakeholders. Inclusiveness and instilling a sense of belonging among its people remain a key area of focus for the firm. Several of the firm's Asia Pacific markets including India strengthened their Employee Assistance Programme (EAP) offering to make services, personalized support and wellness workshops more accessible to employees. Further, the enhanced employee referral program has broadened the hiring pool by leveraging employees' social networks. Asia Pacific highlights in the report include: 39.6% reduction in Scope 1 and 2 emissions per square foot from a 2021 baseline Secured WELL Health-Safety Ratings in all Colliers offices in Asia Pacific 108% participation in Colliers Gives global volunteering program Approx 90% engagement in our global employee survey, with engagement scores exceeding external benchmarks 30% of manager+ roles held by women "At Colliers, sustainability is not just a commitment but the foundation of our future. With our refreshed sustainability strategy, 'Built to Last', we are prioritizing people, governance, and environmental sustainability, ensuring that progress is both impactful and enduring. From sustainable asset investing to integrating new ESG-focused services, we are embedding sustainability into every facet of our business. Our unbiased hiring practices, increased women leadership, and sensitivity trainings reflect our dedication to inclusiveness, while our community initiatives reinforce our responsibility to giving back. Winning key accolades and acquiring certifications like Great Place to Work is a testament to our ethical stance and steadfast pursuit of excellence and sustainable growth. As we move forward, we will continue leading with integrity, innovation, and a deep-rooted commitment to doing right by our people, clients and communities," says Sankey Prasad, Chairman & MD, Middle-East & India, Colliers. "Our latest global sustainability report underscores our unwavering commitment to our ESG goals - prioritizing people, governance, and environmental sustainability. By integrating compliant strategies, sustainable asset investments, and inclusive leadership practices, we continue to drive meaningful change. As we embrace technological advancements, we are committed to harnessing AI and pioneering technologies responsibly, integrating policies that drive ethical innovation, improved efficiency, and ascending growth. Our refreshed approach is also deeply rooted in fostering an inclusive, transparent, and forward-thinking organization. We prioritize the physical and mental well-being of our employees, creating a supportive culture where they can thrive. We hope to empower professionals from diverse backgrounds, ensuring that all our people have equal access to opportunity and resources that unlock their full potential," says Badal Yagnik, Chief Executive Officer, Colliers India. The full 2024 Global Sustainability Report is available at About Colliers Colliers (NASDAQ: CIGI) (TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at X @Colliers or LinkedIn. Media Contact: Sukanya DasguptaNational Director, Marketing & Communication+91 Logo: View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
ISS signs new contract with global professional services company in India
ISS, a leading workplace experience and facility services company, has expanded its international partnership with a global professional services company through a new contract in India. The contract has an annual value of DKK 100 million. Copenhagen, June 06, 2025 (GLOBE NEWSWIRE) -- ISS already works with this customer across multiple countries in Europe, and with this new partnership in India, ISS will deliver integrated facilities services, including technical support and workplace experiences. The contract is expected to start in July 2025 and will have a duration of five years. Carl-Fredrik Bjor, Group Chief Commercial & Revenue Officer at ISS says: 'We are thrilled to expand this significant partnership - within one of our strategically prioritised global industry segments - into an important market like India while also introducing additional services through this new contract. We look forward to supporting our customer's ambition to become more agile, efficient, and sustainable while enhancing workplace experiences.'For media enquiries:Charlotte Holm, Head of External Communication, +45 4176 1989 For investor enquiries:Michael Vitfell-Rasmussen, Group Head of Investor Relations, +45 5353 8725Anne Sophie Riis, Senior Investor Relations Manager, +45 3052 9468 CONTACT: For media enquiries: Charlotte Holm, Head of External Communication, +45 4176 1989 For investor enquiries: Michael Vitfell-Rasmussen, Group Head of Investor Relations, +45 5353 8725 Anne Sophie Riis, Senior Investor Relations Manager, +45 3052 9468Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Trade Arabia
04-06-2025
- Business
- Trade Arabia
Saudi Arabia, UAE lead office quality fit-out investments
The corporate sentiment in the Middle East and Africa (MEA) is geared towards targeted investments in overall space design and fit-outs to support return-to-office strategies, according to leading real estate expert JLL. This has accelerated demand for high-quality Grade A office spaces and fit-outs that enhance workplace experience and performance. In its latest 'EMEA Office Fit-Out Cost Guide 2025', JLL has identified Saudi Arabia and the UAE among the top countries globally with a high proportion of cost for high quality finishes, averaging more than $2,400/sqm, against the global average of $1,830/sqm, as workplace design becomes a component part of talent attraction and retention. The JLL EMEA Office Fit-Out Cost Guide 2025, which analyses data from 25 countries to provide insights into cost variations, drivers, sustainability concerns, and market sentiment, has also outlined the complex cost pressures for the EMEA construction sector in 2025, with office fit-out costs increasing in the last 12 months. The steady rise in costs reflects the growing trend of organisations (44%) in the region to increase office-based workdays over the next five years. Dubai also ranks among the top 20 cities globally in the City Cost Index, reflecting continued competition for Grade A spaces, while in Saudi Arabia, initiatives such as regional headquarters (RHQ) programme is also driving demand. JLL has also found that sustainability is a key driver in many relocation strategies and office fit-outs, with 68% of organisations globally planning to increase investment in sustainability performance in the next five years. In MEA, the sentiment is strongest in Saudi Arabia and the UAE, where 78% of corporate real estate leaders aim to enhance value through sustainability. Maroun Deeb, Head of Project & Development Services, Saudi Arabia and Bahrain at JLL, said: "The general optimism towards investing in workspaces is likely to continue throughout 2025 as growth-oriented corporations invest in office fit-outs to support their hybrid workplace policies." "Targeted investments to enhance employee experience will see an increased focus on workplace design, innovative technology solutions, and refurbishment opportunities amid growing interest in healthier, energy-efficient workspaces," he stated. Several factors are contributing to the current market dynamics. Supply chain disruptions in 2024 disproportionately affected the Middle East and North Africa, tightening project timeframes and escalating pricing. According to JLL, builders' works, which includes partitions, flooring, finishes, and joinery, typically accounts for the largest component of fit-out costs, ranging from 26% in Cairo and 36% in the UAE to 40% in Saudi Arabia. These costs are among the most susceptible to raw material prices and supply chain risks, it stated. Mechanical & Electrical (M&E) services now account for a higher proportion of office spend as stricter environmental and sustainability standards require more complex systems. Cairo (39%) ranks among the top cities globally for average proportion of costs per sqm for M&E services, while Dubai (30%) and Riyadh (29%) are on par with the global average cost of 29%. Technology integration is also pivotal to enhancing hybrid work environments across all office typologies, with companies in MEA investing in improved and extended AV systems. Gary Tracey, the Head of Project & Development Services UAE at JLL, said: "The demand for high-performance office spaces is intensifying in the UAE as stakeholders increasingly prioritise environmental considerations to drive asset value." "Offices that embrace innovative technologies and sustainable design principles and have higher levels of green certification command a premium, especially in Dubai. Investments to improve sustainability will mitigate future operational expenses, remaining highly attractive to tenants seeking modern, efficient workplaces," he added. JLL said the momentum for sustainable workplaces continues to surge in the region, driven by corporate commitments, evolving expectations, and stricter regulatory requirements. Companies are weighing the cost-benefits of relocation to newer Grade A buildings compared to upgrading existing assets. However, organisations in the region face challenges in meeting sustainability requirements due to limited suitable stock and high costs of upgrading older buildings. To address these challenges, early planning and integration of sustainability targets in relocation strategies and fit-out projects are crucial, it stated. Ahmed Hemmat, Head of Project & Development Services at JLL in Egypt, said: "In a climate of economic uncertainty, organisations that build flexibility and agility into planning will be better positioned to adapt their work settings to evolving workforce needs." "This also supports leasing decisions, as flex spaces optimise costs for landlords and occupiers and create a more engaging and productive work environment to support the needs of today's hybrid work model," he added. Despite the complex landscape of challenges and opportunities, office construction will remain active in the region.
Zawya
03-06-2025
- Business
- Zawya
Saudi Arabia, UAE lead office quality fit-out investments
The corporate sentiment in the Middle East and Africa (MEA) is geared towards targeted investments in overall space design and fit-outs to support return-to-office strategies, according to leading real estate expert JLL. This has accelerated demand for high-quality Grade A office spaces and fit-outs that enhance workplace experience and performance. In its latest 'EMEA Office Fit-Out Cost Guide 2025', JLL has identified Saudi Arabia and the UAE among the top countries globally with a high proportion of cost for high quality finishes, averaging more than $2,400/sqm, against the global average of $1,830/sqm, as workplace design becomes a component part of talent attraction and retention. The JLL EMEA Office Fit-Out Cost Guide 2025, which analyses data from 25 countries to provide insights into cost variations, drivers, sustainability concerns, and market sentiment, has also outlined the complex cost pressures for the EMEA construction sector in 2025, with office fit-out costs increasing in the last 12 months. The steady rise in costs reflects the growing trend of organisations (44%) in the region to increase office-based workdays over the next five years. Dubai also ranks among the top 20 cities globally in the City Cost Index, reflecting continued competition for Grade A spaces, while in Saudi Arabia, initiatives such as regional headquarters (RHQ) programme is also driving demand. JLL has also found that sustainability is a key driver in many relocation strategies and office fit-outs, with 68% of organisations globally planning to increase investment in sustainability performance in the next five years. In MEA, the sentiment is strongest in Saudi Arabia and the UAE, where 78% of corporate real estate leaders aim to enhance value through sustainability. Maroun Deeb, Head of Project & Development Services, Saudi Arabia and Bahrain at JLL, said: "The general optimism towards investing in workspaces is likely to continue throughout 2025 as growth-oriented corporations invest in office fit-outs to support their hybrid workplace policies." "Targeted investments to enhance employee experience will see an increased focus on workplace design, innovative technology solutions, and refurbishment opportunities amid growing interest in healthier, energy-efficient workspaces," he stated. Several factors are contributing to the current market dynamics. Supply chain disruptions in 2024 disproportionately affected the Middle East and North Africa, tightening project timeframes and escalating pricing. According to JLL, builders' works, which includes partitions, flooring, finishes, and joinery, typically accounts for the largest component of fit-out costs, ranging from 26% in Cairo and 36% in the UAE to 40% in Saudi Arabia. These costs are among the most susceptible to raw material prices and supply chain risks, it stated. Mechanical & Electrical (M&E) services now account for a higher proportion of office spend as stricter environmental and sustainability standards require more complex systems. Cairo (39%) ranks among the top cities globally for average proportion of costs per sqm for M&E services, while Dubai (30%) and Riyadh (29%) are on par with the global average cost of 29%. Technology integration is also pivotal to enhancing hybrid work environments across all office typologies, with companies in MEA investing in improved and extended AV systems. Gary Tracey, the Head of Project & Development Services UAE at JLL, said: "The demand for high-performance office spaces is intensifying in the UAE as stakeholders increasingly prioritise environmental considerations to drive asset value." "Offices that embrace innovative technologies and sustainable design principles and have higher levels of green certification command a premium, especially in Dubai. Investments to improve sustainability will mitigate future operational expenses, remaining highly attractive to tenants seeking modern, efficient workplaces," he added. JLL said the momentum for sustainable workplaces continues to surge in the region, driven by corporate commitments, evolving expectations, and stricter regulatory requirements. Companies are weighing the cost-benefits of relocation to newer Grade A buildings compared to upgrading existing assets. However, organisations in the region face challenges in meeting sustainability requirements due to limited suitable stock and high costs of upgrading older buildings. To address these challenges, early planning and integration of sustainability targets in relocation strategies and fit-out projects are crucial, it stated. Ahmed Hemmat, Head of Project & Development Services at JLL in Egypt, said: "In a climate of economic uncertainty, organisations that build flexibility and agility into planning will be better positioned to adapt their work settings to evolving workforce needs." "This also supports leasing decisions, as flex spaces optimise costs for landlords and occupiers and create a more engaging and productive work environment to support the needs of today's hybrid work model," he added. Despite the complex landscape of challenges and opportunities, office construction will remain active in the region. To ensure the success of fit-out initiatives, JLL recommends the need for greater collaboration and effective partnerships. From environmental and smart building systems to adaptive workspaces and settings, supply chain engagement is critical in managing costs and allowing for innovation in future-focused workspaces. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
