Remote work could inspire companies to adopt new ways of working

23
Apr
2020
News - Remote work could inspire companies to adopt new ways of working #CBS #coronavirus #Cushman&Wakefield #remote work #report #SEE #Serbia #workplace

by Property Forum | Report

Ever since the World Health Organization declared a pandemic caused by the COVID-19 virus, our lifestyles and the way business is done have changed completely worldwide. Although the end of the several-week-long isolation is close, it is quite certain that this period will have its effects on many aspects of life. This is also reflected in the results of a major survey recently conducted by a leading real estate consultancy CBS International, part of Cushman & Wakefield Group, called "Traditional Office vs. Home Office in a Changed Business Environment". The survey involved 250 domestic and international companies from different industries, based in Serbia, and the results comprehensively illustrated how COVID-19 affected and will affect their business in the future.


The survey confirmed that, out of the surveyed companies, only 5 per cent of them have been working full-time from the office, 69 per cent of companies have organized work from home for their employees, while the rest have combined the two.

The data also shows that 40 per cent of companies say that the greatest benefits of working from home are safety and flexible work schedule, which allows employees to organize their daily routine according to their needs. Higher productivity and saving time commuting to and from work are also very important factors.

On the other hand, while spending time with family is considered a benefit, 17 per cent of the surveyed companies said that it actually represents a great challenge for them, as different activities and responsibilities regarding their children result in reduced work efficiency. One-third of the respondents cited the lack of personal contact and interaction with colleagues, slower flow of information as well as the lack of face-to-face meetings as some of the biggest obstacles in the current work mode. Because of this, nearly 50 per cent of the survey respondents have online meetings with colleagues several times a day.

The survey also showed that more than a half of the companies would use some of the advantages of working from home and, after this experience, implement certain changes in their teamwork organization, some of which would include a better organization of time and space, flexible workplaces, the ability to work from home for a couple of days a month, as well as making occasional conference calls instead of having meetings.

Companies planning to implement these changes expect an increase in the efficiency of their teams as compared to the traditional way of working in the office, greater loyalty of employees to the company and to attract young and educated people who see great benefits in such a work environment.




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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