IWG brings new flexible workspace brand to Budapest

27
May
2021
News - IWG brings new flexible workspace brand to Budapest #Budapest #co-working #flexible #Hungary #IWG #office #Regus

by Property Forum | Office

IWG has announced the opening of a brand-new centre in the Szervita Square Building in Budapest. The centre, which opened last month, is operating under the Signature brand, which provides workspaces in the most sought-after locations in the world.


The seven-storey, glass-façade Szervita Square Building is situated in the heart of downtown Budapest, in close proximity to high-end retailers and several five-star hotels such as Kempinski and The Ritz Carlton.

Occupying three floors of the 14,900 sqm multipurpose Szervita Square Building, the new Signature centre has over 300 premium workstations and a basement club area.

The building itself has been tailored with a number of sustainability features and has been awarded a LEED Platinum environmental certificate. It features daylight and occupancy controls, energy-efficient elevators, electric car chargers, advanced noise and pollution filtration systems, and landscaped greenery.

The opening of Signature Szervita Square comes as IWG sees record demand for its hybrid works solutions, with the business adding a million new users to its network in the last three months alone. This includes penning its largest-ever deal with NTT, Nippon Telegraph and Telephone Corporation, providing all 300,000 employees with access to IWG’s more than 3,300 workspaces globally. As the world slowly emerges from the pandemic, the need for high-quality flexible workspaces will continue to soar as hybrid working becomes the new normal.

“Having experienced a prolonged period of working from home in the past year, we know that location and accessibility have never been more valued by professionals deciding how and where they want to work going forward,” Gareth Haver, CEO Central & Eastern Europe at IWG says.




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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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