Demand for co-working offices in Bucharest is increasing

25
Feb
2021
News - Demand for co-working offices in Bucharest is increasing #Commons #coworking #office #Romania

by Property Forum | Office

The Commons co-working space chain announces an increase in requests for office rentals in the centres in Bucharest, both from freelancers and small and medium-sized companies.


If in the first months of the pandemic the demand for office space decreased by 90%, as a result of the health crisis, in the first two months of 2021 there were three times more requests for viewing for Commons spaces, compared to the end last year.

In addition, the total number of members of the Commons network increased by 11% in January, compared to the end of 2020. In February, the number of members of the Commons spaces in Bucharest reached 250 people, representing an occupancy rate of 60% from the capacity available for the office area. Companies are looking for smaller offices for teams of 2-5 people each, offices closer to home.

“Since the first week of 2021, we have noticed many more requests from Bucharest residents interested in changing the way they work. These people are often professionals who cannot afford to have a deficient work infrastructure: poor internet connection, an improper office, etc., being in search of a favourable working environment,” says Andreea Raveica, community manager at Commons.

Commons is a dynamic network of coworking spaces and offices, with 3 locations in Bucharest: Piata Unirii, Piața Romană and Băneasa.

 




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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