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.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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