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.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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