New Work rolls out “Space in the Cloud” service

11
Feb
2022
News - New Work rolls out “Space in the Cloud” service #CEE #flexible #New Work #office #workplace

by Property Forum | Office

CEE-based flex workspace provider New Work is introducing a new “Space in the Cloud” service which not only helps new and existing tenants save money but allows them to manage their workforce in a more flexible and ESG-compliant way.


As the latest report from RICS discloses, almost one-third of real estate professionals globally no longer view office space as being essential for a company to operate successfully. With working from home having become a widespread practice and employees expecting greater flexibility, large amounts of floor spaces in office buildings are and likely to remain unused. The heating/cooling and electricity required to operate these unused spaces not only means an unnecessary expenditure for tenants but also has a negative environmental impact.

With being ESG compliant moving higher and higher up on the agenda of companies, it’s high time to think about the wider impact of workplace strategies. It’s no surprise that an increasing number of corporations globally are adapting human-centric workplace strategies that allow employees to work from various locations – the headquarters, satellite offices, co-working offices, their home or even a vacation spot.

Providing employees with greater flexibility in choosing where they want to work decreases their need to commute and helps them achieve a better work-life balance. Thus, an agile workforce management strategy tackles not only the environmental but also the social component of ESG.

New Work’s “Space in the Cloud” service allows new and existing tenants to reduce their core space commitment down to 50% and cover the peak loading factor with cloud services. Employees using this service have access to all New Work locations via a mobile app so they can choose where they want to work on a given day – or for just a few hours – depending on where they are and where they need to go.

“With this service, employers can not only save money and decrease their carbon footprint but they can offer greater flexibility for existing and potential employees on today’s competitive job market”, explains Hubert Abt, CEO and Founder of New Work and workcloud24.

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 2012, 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 5  locations in 3 countries with approx. 45,000 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 »

New Work’s “Space in the Cloud” service is already available at selected locations and during the next four weeks, it will be rolled out across the entire portfolio spanning 15 locations in three Central European countries.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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