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

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

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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