New Work expands operations in Budapest and Warsaw

08
Nov
2022
News - New Work expands operations in Budapest and Warsaw #Budapest #flexible #Hungary #New Work #office #Poland #Warsaw

by Property Forum | Office

CEE-based flex office operator New Work continues to expand in its key markets. In Budapest, the company opened the second phase of its business centre in the Science Park office building in South Buda, adding 2,000 sqm of high-quality flex office space to the local market. In Warsaw, New Work opened a brand location, offering 1,135 sqm, in the Tulipan House office building in the city’s Służewiec district.


The first phase of New Work Science Park opened in April 2021, offering 1,929 sqm of modern flex office space with 280 workstations. The second phase of the business centre, which opened in September 2022, adds another 1,929 sqm with 229 workstations to New Work’s offer in the rapidly developing South Buda part of Budapest.

Clients are offered a wide range of private offices sizing from 2 to 37 workstations. Fully furnished and ready-to-move-in lockable spaces with full office infrastructure are complemented with several meeting rooms, common areas for relaxation with a pool table and Xbox consoles, alongside other amenities.

With the addition of Science Park, New Work now offers nearly 15,000 sqm of flex office space in Hungary, located in 5 business centres in Budapest and Budaörs.

Office with a view in a premium location

Science Park is located in District 11 in South Buda, offering a beautiful panoramic view of the Danube and the green surrounding area. The area is recognized as a significant commercial and business hub in close vicinity to the city centre.

The Science Park building is easily accessible by public transport and has been awarded the BREEAM certification. As a stand-alone building, the premises in each building are flooded with natural light.

New location in Warsaw

In the Polish capital, New Work opened a 1,135 sqm business centre on the third floor of the Tulipan House office building in the city’s Służewiec district, close to the airport. The 18,000 sqm Tulipan House office building boats a BREEAM certificate at the "Excellent" level. All interiors of the building have been finished using environmentally friendly materials obtained through a recycling process.

At New Work Tulipan House, tenants can find rooms for several to a dozen people, creating ideal conditions for both independent work and teamwork.

“Demand for serviced offices continues to grow as companies learn to look at office space as a service. Flexibility and the ability to adapt employment conditions to the employee's expectations are valued higher than ever. At New Work, we go out of our way to help our tenants create the most attractive workplace and to help them achieve their business goals with our digital solutions,” says Hubert Abt, CEO, and Founder of New Work.




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  • 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.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

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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