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

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • 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.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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