Corporations are still figuring out what’s the future of work

27
Sep
2021
News - Corporations are still figuring out what’s the future of work #CEE #CEE Property Forum #CEE Property Forum 2021 #co-working #conference #flexible #hybrid work #office #Property Forum #report #workplace

by Property Forum | Report

The size of companies shapes the way in which they plan to resume work in office buildings, commented key speakers during the post-COVID-19 workplace strategies panel of CEE Property Forum 2021, Property Forum's first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.


Tamás Polster MRICS, Partner and Co-Founder, Urbanite Advisors, who moderated the discussion, cited a study that shows that the corporate re-urbanisation trend will continue after the health crisis. This will mean that more companies plan to move to more central locations in large cities.

Employees in small and medium-sized (SME) companies are returning to the office, while corporations still stay away due to internal regulation, said Hubert Abt, CEO, New Work & workcloud24. He envisioned a future in which flexible workspaces will be virtually everywhere, so companies would opt for 500 sqm in a key location instead of 5,000 sqm of offices.

Giles Bateman MRICS, Regional Development Director – Continental Europe, IWG plc, pointed out that companies are looking to provide alternatives for employees and one such alternative is co-working offices. In light of this trend, IWG has already sold over 2 million subscriptions since the start of 2021. Bateman added that there will be workplaces close to home and we might end up paying for work time in offices just like we buy cloud storage.

Meanwhile, Erwin Hanslik MRICS, Partner and CEE Head of Real Estate, Taylor Wessing, spoke about the legal challenges of work from home and the responsibilities shared by companies and employees in a new framework.

Big corporate employees are trying to provide concierge services to attract people back to the office, with anything from dry cleaners to healthy food and a selection of new restaurants, explained Libor Holík, CEO Czech Republic and Slovakia, B+N Czech Republic Facility Services.

Sylwia Toczyska, Managing Director, ALTO Accounting, spoke about the desires of employees to work from smaller cities and the requests that companies in Poland receive to set up smaller offices in cities outside Warsaw.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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