New Work opens 7th location in Budapest

12
Apr
2021
News - New Work opens 7th location in Budapest #Budapest #flexible #Hungary #lease #New Work #office

by Property Forum | Office

CEE-based flex office operator New Work continues to expand in Hungary and has opened its 7th business centre in Budapest. The company has signed for 2,000 sqm of office space in the Science Park office building in South Buda.


Hubert Abt, CEO and Founder of New Work, will discuss workplace strategies post-COVID-19 at Property Forum’s upcoming free online event, “Offices after COVID: Back to normal?” on 13 April.

With the addition of Science Park, New Work offers close to 15.000 sqm of flex office space in Hungary, located in 7 business centres in Budapest and Budaörs.

“The signing of Science Park lease is a long-term achievement. We have been looking at this location for more than 3 years now.  In the future we look forward to adding more locations all over Hungary with franchise partners as Hungary is a very important market for us. We are developing intensively because the demand for flex workspace will, due to the impact of COVID – 19 and the digitalization, increase significantly,” says Hubert Abt, CEO, and Founder of New Work.

Hubert Abt

Hubert Abt

CEO
New Work & workcloud24

Hubert Abt has been working in the real estate industry for over 30 years. He worked as a developer and later in the land banking sector and provided equity and Mezzanine capital for various real estate projects. In 2013 he founded NEW WORK Offices in Budapest, which provides various flexible office solutions. Since then he developed the business model further and grew the company to today 16 locations in 3 countries with approx. 43.000 sqm which brings NEW WORK Offices in the top 3 list in CEE. Hubert now leads the company as CEO while focusing on investor relations and developing new products like NEW WORK´s Franchise Package or The Digital Office Pass of workcloud24 where he acts as Founder and CEO as well. More »

Clients will be 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 will be complemented with a meeting room.

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 with close vicinity to the city centre.

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 in natural light.

New offices and new digital solutions

As COVID-19 has changed the needs of the tenants and the need for flexible solutions is growing, New Work started to develop digital access tools for offices including the Hungarian market. The company has implemented the New Work Offices app for clients in all centres in Hungary, Poland and The Czech Republic. It enables easy meeting space booking, ordering additional services and also acts as a communication platform. New features also include easy access to daily offices and hot desks to provide tenants with full flexibility whenever they need to work from a different location or need extra working space.

In order to keep up with the requirements of developing new digital products, New Work launched a spin-off. In the future, workcloud24 will develop all digital products such as a digital office pass that makes a physical lease obsolete and a digital toolbox that allows landlords and architects to commercialize retail and regular office space to flexible space.




Latest news


New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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