Latest news with #SPACE
Gulf Today
21-06-2025
- Business
- Gulf Today
Global corporates target over 100m sqft of new workspace
Corporate real estate leaders are betting on the future of offices as they seek to build resilience into their businesses in the shadow of economic, geo-political and technological disruption, according to the latest research from global real estate advisor Knight Frank. Knight Frank's fourth edition of its (Y)OUR SPACE survey draws on the responses of almost 300 corporate real estate leaders with direct responsibility for over 650 million sq ft of space across the globe. The research reveals how some of the world's largest international corporations are seeking to balance costs with the need to transform their business operations, while also offering tech-enabled hybrid workplaces that ensure flexibility and resilience in an uncertain global environment. As many as 63 per cent of the corporate real estate leaders surveyed expressed concern about economic and geopolitical volatility. But instead of freezing decision-making, companies are taking action by building optionality into their space strategies, including shorter leases, more flexible formats, and locations that align with risk diversification and talent access. Far from pulling back, many corporates are accelerating change. 50 per cent of respondents expect their total footprint to grow over the next three to five years, the equivalent of 104 million sq ft of space. 27 companies are expecting to expand by over 20 per cent - creating up to 49 million sq ft of demand from those firms alone. Hybrid models continue to dominate and drive workplace design. Workstyle evolution remains a key factor for corporate real estate leaders, selected by nearly 30% of respondents to the (Y)OUR SPACE survey and the third most influential factor in shaping their real estate strategy over the next 3 years. Despite high profile 'return to the office' directives requiring employees to be present five-days a week from some major corporates, these 'office only' workstyles are expected to be used by just 10 per cent of those surveyed. 46 per cent expect to follow a hybrid workstyle, and a further 22 per cent plan to be 'office first'. By contrast, only 7% of those surveyed expect to be 'remote first' and just 4% plan to offer a 'work from anywhere' arrangement. 33% of respondents said their biggest challenge is improving workplace utilisation. As hybrid work settles into the mainstream, leaders are redesigning offices to support outcomes rather than presence, which means workplaces that drive engagement, support culture, and deliver measurable productivity gains. Commenting on the findings of the report, Shishir Baijal, Chairman and Managing Director, Knight Frank India said, 'Corporate real estate complexities today are being shaped by a convergence of strategic alignment, operational volatility, and fast-evolving workstyles—all against a backdrop of compressed timelines and cost discipline. The CRE function is no longer reacting from the sidelines but is being repositioned at the centre of enterprise transformation. In India, this shift is already underway. Office leasing in the country reached 71.9 million sq ft in 2024—a 21% YoY growth—while 2025 has started on a strong footing, clocking 28.2 million sq ft in Q1 alone, up 74% YoY. As global firms recalibrate their footprints, India is braced for intensified demand—not just for space, but for future-ready, flexible environments that can deliver performance, resilience, and purposeful design in equal measure. Corporate real estate is being recast. It is no longer the backdrop to business—it is the dynamo. And the next era will be led by those who act with intent, build with agility, and lead with conviction.' In a world driven by cutting-edge technology, it is important for global capability centres to create a truly tech-savvy office space. The innovation hub needs to keep pace with the digital age and set a standard for the future of work. The landscape of global capability centres is rapidly evolving. Today, it's not just about cost efficiency; it's about building resilient, innovative, and talent-centric hubs. I have been in the Gulf for three years and investing in a project in Hyderabad. Is GST applicable to all types of residential projects? Please clarify. Mohamed Ali Khan, Sharjah. The impact of GST on residential property depends on the phase of construction, the location as well as the type of project. For example, GST impact will be observed more in case of new launches as compared to near completion projects. Similarly, projects in suburban areas will be more impacted when compared to city-centre projects. I have remitted initial advance amount for an apartment but the project has been delayed for three years. Repeated reminders were in vain. What is the legal remedy available now? Pradeesh Lal, Dubai. You will have to refer the agreement with the developer and the schedule of completion. If there is deficiency in service with regard to delivering the project on time, you have a legal remedy against the developer. Recently courts have taken a tough stand against erring builders. You can also lodge a complaint with the consumer redressal forum.
Hypebeast
13-06-2025
- Entertainment
- Hypebeast
KAWS Pesents ‘Therapy' Solo Exhibition at Galerie Max Hetzler
Summary KAWShas unveiledTHERAPY, a solo exhibition atGalerie Max Hetzler, marking his first collaboration with the Berlin-based gallery. Known for blending popular culture with fine art, KAWS brings his bold gestures, playful compositions and emotionally charged characters to the forefront. The exhibition features a series of paintings and a monumental sculpture, exploring themes of human vulnerability and connection through his iconic hybrid cartoon figures. In his new series of paintings, KAWS continues his exploration of seriality, featuring variations of'CHUM', a character he developed in the late '90s. Set against paint-stippled backgrounds, the works juxtapose sharp outlines with spontaneous textures, reminiscent of spray-painted street art. Shadows give the figures a sculptural depth, blurring the line between graphic illustration and fine art. Several compositions depict 'CHUM' holding up a canvas, creating an image-within-an-image, while others place the character in existential moments. The exhibition's focal sculpture, 'SPACE (2023)', presents an iteration of KAWS''COMPANION', a character first introduced as a vinyl toy in 1999. Standing at street level in the Bleibtreustraße 15/16 gallery, the stainless steel figure reimagines 'COMPANION' as a melancholic space explorer, dressed in an astronaut suit with an oxygen tank. Instead of holding a flag, it covers its eyes with gloved hands, reflecting themes of resignation and existential contemplation. KAWS' signature XX motifs, typically used for his characters' eyes, now adorn the gloves, adding to the sculpture's introspective tone. KAWS'THERAPYexhibition will remain at Galerie Max Hetzler until August 9, 2025. Galerie Max HetzlerBleibtreustraße 45,10623 Berlin, Germany
Yahoo
15-05-2025
- Business
- Yahoo
Stanley Hotel officially sold; expansions, new features ahead
DENVER (KDVR) — The historic and iconic Stanley Hotel in Estes Park was officially sold to the Stanley Partnership for Art Culture and Education, LLC on Thursday. SPACE purchased the hotel campus through a public-private partnership with the Colorado Educational and Cultural Facilities Authority, private bond investors, the former hotel owner John W. Cullen IV and the new management company Sage Hospitality Group. What makes The Stanley Hotel one of the spookiest hotels in the nation? CECFA said that the campus's ownership by a public entity, with Cullen as Chair and CEO of SPACE, will amplify tourism for Estes Park and the state. 'I have owned The Stanley for almost 30 years and can't imagine a better way to both preserve and grow it for generations to come,' Cullen said in a press release from CECFA. With the new ownership, CECFA said that funds from the nearly $400 million bond will go toward expansions and renovations at the Stanley Hotel. The two historic lodging buildings will be extended with an additional 65 rooms and connected with a new porte-cochere for arriving guests. There will also be a new 65,000 square foot event center, which will include an 864-person auditorium and a Blumhouse horror film museum. CECFA also said that the hotel will host the Sundance Institute's 2025 Directors Lab starting next week. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
15-05-2025
- Business
- CBS News
Iconic Stanley Hotel in Colorado purchased by public entity
The historic and iconic Stanley Hotel in Northern Colorado has been sold. The public entity, The Stanley Partnership for Art Culture and Education, LLC or SPACE, purchased the hotel through a public-private partnership. The Stanley Hotel in Estes Park CBS That partnership is among the Colorado Educational and Cultural Facilities Authority, private bond investors, former owner John W. Cullen IV, and new manager Sage Hospitality Group. Cullen is at the helm of SPACE as chair and CEO. "I have owned The Stanley for almost 30 years and can't imagine a better way to both preserve and grow it for generations to come," said Cullen in a statement. According to CECFA, the nearly $400 million bond offering will also fund a major expansion of the two historic lodging buildings and a new 65,000 square foot event center. The event center will feature an 864-person auditorium and a horror film museum curated by Blumhouse Productions. The Stanley Hotel CBS The hotel was initially built to attract wealthy vacationers from the East Coast to Colorado. However, the building was rocketed into fame after Stephen King visited decades ago. He reportedly was a guest during a slow season for the hotel. While staying at the hotel, King had a vision of writing a horror book that took place in the hotel, which became "The Shining" and was turned into a movie.
Edinburgh Reporter
07-05-2025
- Science
- Edinburgh Reporter
Napier University to be home of Scotland's Policing Academic Centre of Excellence
Edinburgh Napier University (ENU) will be the home of Scotland's only Policing Academic Centre of Excellence (P-ACE), building on its success of hosting the Scottish Institute for Policing Research (SIPR). The National Police Chiefs' Council (NPCC) has announced that nine new P-ACEs will launch across the UK in October 2025, funded by UK Research and Innovation (UKRI). As the host of SIPR, Edinburgh Napier will lead the Scottish P-ACE, with the collaboration of partner institutions Glasgow Caledonian University, the University of Edinburgh and the University of St Andrews. Backed by £4.5m in funding and working with police services across the UK, the Centres of Excellence will aim to ensure that policing is shaped by the latest and best scientific expertise, and that leading researchers are able to challenge and innovate in partnership with policing. The P-ACEs will support police with adopting new technologies, developing new tools and techniques, improving training and skills, and increasing public safety. The ENU-based centre will be entitled SPACE – the Scottish Policing Academic Centre for Excellence. The name also links its key research themes, each of which is critical to modern policing: safety, prevention, analytics, confidence and ethics. Today's announcement will allow SIPR to distribute £300k to support new research and knowledge exchange activity in Scotland over the next three years, in line with these key areas of research interest. Professor Liz Aston Professor of Criminology at Edinburgh Napier University, SPACE Lead and Director of SIPR, said: 'We are delighted to have been recognised as a Policing Academic Centre of Excellence. The collaborative nature of SIPR between its member institutions has made this achievement possible. 'Not only does this recognition cement SIPR's reputation, but it will also increase the reach of our work and help to drive innovation in policing. 'I'm really looking forward to leading SPACE from Edinburgh Napier University with the co-leads. By working with the NPCC and other partners in Scotland over the coming years, we will create evidence-based innovations to improve safety and prevent harm.' Professor Paul Taylor, Police Chief Scientific Adviser, said: 'Academia and policing have a long history of collaborative working on issues as diverse as forensic science, crime prevention, and analytical technologies. 'The P-ACEs will fortify this connection, providing a focal point for research and knowledge exchange. 'I'm particularly excited about what the P-ACEs can bring to early career scientists who are interested in tackling the complex challenge of keeping the UK public safe. The P-ACE community will, I hope, provide them more opportunities and greater support as we look to forge deep and lasting partnerships over the next decade.' Led by Professor Liz Aston and involving experts from across the SIPR member institutions, SPACE will work across three main themes: Safety, led by Dr Andrew Wooff, Edinburgh Napier University and co-lead for the SIPR Organisational Development Network. This builds on ENU's reputation for impactful policing research linked to safety, including the award-winning study into Police Scotland's use of naloxone. Prevention, led by Dr Sarah Marsden, University of St Andrews and Professor Lesley McMillan, Glasgow Caledonian University. Dr Marsden is Director of the Handa Centre for the Study of Terrorism and Political Violence, while Professor McMillan,a renowned expert on gender-based violence, is director of the Scottish Cold Case Unit at GCU. Analytics, led by Professor Susan McVie, University of Edinburgh, will work in partnership with Police Scotland and the Scottish Prevention Hub. This area will bring together a network of academics who will use data driven innovation and AI-based solutions to support operational practice and policy decision making. In addition, Confidence and Ethics will shape all of SPACE's academic work and builds on developments including the independent review of emerging technologies in policing. SIPR itself is a strategic collaboration between member universities, Police Scotland and the Scottish Police Authority. It has helped to forge strong links between policing and the academia, as recently shown in the ENU-hosted Neurodiversity and Policing conference. Like this: Like Related
