What will it take to keep tenants happy?

20
Sep
2017
News - What will it take to keep tenants happy? #CEE #CEE Property Forum #CEE Property Forum 2017 #conference #office #Property Forum #report #tenant #wellbeing #workplace

by Ákos Budai | Report

Tenants in 2017 are looking for a lot more than four walls and a couple of cubicles. Developers and the owners of older schemes will need to adapt to the changing needs of occupiers in order to stay in the race. Our panel of tenants, landlords, developers and advisors at CEE Property Forum 2017 talked about what makes an office attractive in 2017 and what it will take to secure new leases and keep existing tenants happy in the years to come.


Interior design can be an effective tool for attracting and retaining a talented workforce as well as contributing to sustainable business growth. The interior of the workplace greatly influences the mood and productivity of those who work there, that is why people should be in the centre of all property developments. Buildings and rooms should be designed, with the help of technology, in a way to help employees be as efficient as they can, said Elina Grigoriou of Grigoriou Interiors, Chair of the RICS SKA Rating Technical Committee in her opening speech.

Tenants, landlords, developers and advisors, moderated by Michael P. Smithing FRICS, Director of Office Landlord Representation and Green Building Advisory at Colliers International, discussed what makes an office attractive to tenants right now.
 
According to Maciej Markowski, Partner and Head of Workplace Strategy CEE at Cushman & Wakefield, even though average office space per employee is still at 10 sqm, we expect a lot more from office buildings than we did a few years ago. In order to give employees more space it is not the size of the office that needs to be changed, instead we should focus on using the space we have as efficiently as possible.
 
Zinaida Vojnar, International Business Development Director at HB Reavis also believes that the quality of office space depends on a lot more than its size. A positive working environment inspires employees, so developers and tenants should keep that in mind when designing office space.

It also important to make tenants feel like they are not paying too much for workplace solutions, added John J Fekete MRICS, Global Head of Real Estate Management at the Abu Dhabi Islamic Bank.
 
Sustaining good relationships between tenants is also important. Many features of the building that enhance efficiency can be shared by different tenants, thus reducing the cost per tenant, added Jens Böhnlein, Global Head of Office Solutions & Design at CA Immo.



Latest news


New leases

  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.
  • Ford Polska has extended its lease agreement, until 2031, for nearly 1,200 sqm of office space in Warsaw's Diuna, part of the Syrena Real Estate portfolio. It is one of the first tenants of the Służewiec complex, having operated continuously at this location since February 2008.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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