PM services are key to employee satisfaction

13
Aug
2018
News - PM services are key to employee satisfaction #Colliers #employee #property management #report #Romania #tenant

by Property Forum | Report

With the growth of the Bucharest office market to 2.3 million sqm, office buildings become more and more important in the recruitment and retention of employees. The new wave of employees is more demanding in terms of office life concepts and expects a building to offer, besides a modern working space, a community to belong to. According Colliers International Romania, in the coming years, property management services will influence the level of employee satisfaction.


Millennials, more than any generation, are looking for fulfillment both at home and at work. Thus, to come to an office that looks and feels inspirational, which engages them in various activities, becomes a feature that the new generation not only looks for, but also awaits. They want schedule flexibility, freedom in choosing where they work and prefer to spend their earned money not on goods, but on experiences.

„In an office project, the role of a property manager is not just to provide a functional building for tenants and to increase the value of the building for the owner. Today, a property manager has to create more than a comfortable place for end users to work in and to facilitate experiences by creating a community at project level”, Oana Adjudeanu, Director Property Management at Colliers International Romania, said.

„For us, the idea of community begins when the building is delivered and the launching event is organized, when all the parties involved in the construction are being celebrated and the future users welcomed. Their involvement at this early stage contributes to the creation of a common story, the building’s and the tenants’”, Oana Adjudeanu added.

It is already common practice for most companies, on the first day after the move in the new offices, to offer employees a welcome kit, therefore making the accommodation as easy as possible. As the representative of the owner, Colliers International completes this experience by providing materials on how to use the new space and what facilities are in the area, but also by welcoming employees with different snacks and treats.

„In order to maintain employee involvement in the life of the project, we have assigned a Community Coordinator that comes up with different concepts of events that we implement in the buildings in our portfolio, regardless of their size. There are different types of events, adapted to the project, but most often there are networking or wellness (health and sports) events, craft workshops, concerts or contests. The feedback from tenants is extremely positive”, Oana Adjudeanu added.

In implementing actions meant to develop the community around the office building, it is very important for the property management team to have the support of the owners, who understand the benefits and importance of creating a bond between employees. Subsequently, the participants' feedback is analyzed in order to be able to correctly assess the actions that have been carried out and to plan future activities. This community concept can be applied to both older and newly delivered projects, since the idea of a community is ageless and adaptable. New projects certainly have the advantage of a design that, in most cases, provides for a common space, like a plaza, where events can be organized, or for less conventional places to work.

„The impact of creating a community, although not yet measured, is expected to translate into employees that are more engaged in the company's work and culture and that will convey this state of well-being to their team and management. Therefore, companies will decide to stay with an office owner who understands the challenges raised by the new generation and who invests along with the employer in the retention of his people”, Oana Adjudeanu concluded.

Starting this year, Oana is the director of the Property Mangement division of the Real Estate Management Services department at Colliers. The administered office portfolio of the team has 280,000 sqm and includes Vox Technology Park (Timisoara), The Landmark, The Bridge – phase I, Phoenix Tower, Construdava, Art Business Center (Ponderas Academic Hospital), Hermes Business Campus, Green Court Bucharest, Ethos House, Polona 68, Stefan cel Mare Building (Bucharest) and Allianz Office Building Brasov, and is complemented by three industrial parks in Timisoara, Brasov and Arad.




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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