Flex work operators support return of employees to offices

15
Nov
2022
News - Flex work operators support return of employees to offices #Adriana Andrei #Giles Bateman #Maria Tudorică #office #Romania #Roxana Bencze #SEE Property Forum 2022 #Stamatis Sapkas

by Property Forum | Report

Flexible workspace operators and investments in amenities are boosting the efforts of companies and developers to accelerate the return of employees to office buildings, although hybrid work arrangements remain in high demand, concluded speakers in the post-pandemic office panel of SEE Property Forum 2022, held in Bucharest.


Roxana Bencze, COO, Knight Frank Romania, who chaired the panel, pointed out that hybrid work in gaining ground in Romania as people realize that they can be as productive at their job from home just like in the office.

Having a good change management process is needed for the return to the office, according to Adriana Andrei, Senior Architect, Tétris Design & Build Romania. People are looking for workspaces with green areas and the possibility to have more personalized work experiences. Co-working spaces are becoming satellites for HQ's of companies, according to Andrei.

Giles Bateman MRICSHead of Real Estate Europe – Network Development, IWG plc explained that in a large real estate project, corporate occupiers take a negative view if there is no flexible workspace provider in the project. He added that IWG has added 2 million customers and is expanding to 1,000 new locations, mostly in suburbs and secondary cities.

In the past few months, more people have returned to the office, and the arrangements of working only from home are working only in some instances, mentioned Stamatis Sapkas, Group Chief Financial Officer, Globalworth. Co-working is a good addition to existing buildings and Globalworth wants to have these spaces in the group’s projects, according to Sapkas,

Millennials and Gen Z are among the cohorts of employees that have returned to the office, explained Maria Tudorică, Commercial Real Estate Manager, Genesis Property. She added that the office is becoming a playground for culture and connection. Moreover, this allows junior colleagues to have mentorship experiences, which is harder to replicate in a remote work arrangement.




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New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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