ARTICLES LABELLED WITH TAG office

Shares in Romanian One United Properties started trading on Monday on the Bucharest Stock Exchange (BVB). 

Real estate advisory firm Savills has been appointed as the letting agent for the office space in Diamante Plaza in Kraków.

More than 65% of Romanian employees consider their office to be only partially safe for health in the context of the pandemic, according to a new survey commissioned by Genesis Property. 

Globalworth has completed the process of updating the BREEAM certification of its Polish office buildings. In the first half of this year, another 17 buildings in the company’s office portfolio in the country obtained BREEAM In-Use certificates at the ‘Excellent’ level.

COVID-19 has completely redefined what office means and companies have a lot of thinking to do when it comes to finding the right location for their workforce to work from. Companies are increasingly turning towards flex offices and according to Business Wire, the global flex office space market is expected to grow from $7.97 billion in 2020 to $8.14 billion in 2021 at an annual growth rate of 2.1% before reaching $13.03 billion by 2025.

IBM Hungary is relocating its headquarters to Corvin Quarter in Budapest. The tech company will be moving into Futureal’s Corvin Innovation Campus in a phased co-location starting in 2023.

Experts participating at Portfolio's recent FM & Hybrid Office conference in Budapest discussed the present and future of the office market. The past 18 months have started a multitude of changes as WFH, the sub-leasing of office space, the change in internal configurations, the return to offices, sustainable management and changing tenant requirements have led to a substantial transformation in the lives of office market players. Experts agree that hybrid office use is currently the most likely outcome, as only a few businesses have adopted WFH full-time.

Cavatina Holding has completed work on the top floors of the Global Office Park office towers in Katowice. The office buildings will be 104 m high each and will provide over 55 thousand sq m of space. Their commissioning is planned for the second quarter of 2022, and they are already leased in about 54%.

Austrian privately held development company Karimpol Group officially launched the construction of the Squarebizz project in Bratislava. The first phase consists of 15,000 sqm of retail, storage, service and showroom facilities accompanied by up to 2,000 sqm of offices in three separate buildings. A second construction phase will extend the Squarebizz Bory by another 15,000 sqm of modern flexible space plus offices.

Companies from the BPO sector may be reducing their offices in North America or Western Europe, but they are taking up more space in CEE at the same time. Yovav Carmi, CEO of GTC talked to Property Forum about issuing green bonds, ESG strategies and the BPO industry.