Who will profit from the growth of the flex office market?

27
Oct
2021
News - Who will profit from the growth of the flex office market? #event #flex #New Work #office #online #report #workplace

by Property Forum | Report

Property Forum is happy to join New Work as an info partner for its upcoming webinar on 27 October where CEO and Founder Hubert Abt will walk participants through the trends driving the dynamic flex office market in Europe and share how operators or investors can profit from its growth.


“We are expecting to expand our network, as we’re registering a very strong increase in demand for flex workplaces, both globally and in the CEE region, driven by changing work organisation practices,” says Hubert Abt, CEO & Founder of New Work & workcloud24.

Hubert Abt

Hubert Abt

CEO
New Work & workcloud24

Hubert Abt has been working in the real estate industry for over 30 years. He worked as a developer and later in the land banking sector and provided equity and Mezzanine capital for various real estate projects. In 2013 he founded NEW WORK Offices in Budapest, which provides various flexible office solutions. Since then he developed the business model further and grew the company to today 16 locations in 3 countries with approx. 43.000 sqm which brings NEW WORK Offices in the top 3 list in CEE. Hubert now leads the company as CEO while focusing on investor relations and developing new products like NEW WORK´s Franchise Package or The Digital Office Pass of workcloud24 where he acts as Founder and CEO as well. More »

To help facilitate this expansion, New Work has recently launched a franchise concept, aiming to provide its partners not only with know-how, technical support and access to its multi-location platform but also with additional digital solutions and ESG Consultancy.

Today New Work, founded in 2012, operates 16 locations in 6 cities in 3 countries (Poland, Hungary and the Czech Republic) while the company claims to add 10 additional locations by end of 2021 to their grid.

The growth is driven by the increasing demand from landlords to implement flex to their portfolio as well as from the tenant side, where due to uncertainty of the future the trend is going towards flex office solutions where no CAPEX is required and short terms can be agreed.

New Work’s concept is available to franchise partners across Europe. New Work offers services, technology and network solutions of the highest quality.

To introduce the franchise concept and further market trends to interested parties, New Work is organising a webinar where CEO & Founder Hubert Abt will walk participants through the trends driving the dynamic flex office market in Europe and share insight on how operators and investors can profit from its growth.

Timing: 27th October 2021, 11:00 am

To attend this free event, please sign up here: https://newworkoffices.com/flexible-workspaces-in-cee-franchise-opportunity-with-new-work/




Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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