Mr. Hubert Abt, founder and CEO of New Work, says the sun shines out after every storm, but happy times of peace do not return soon. The epidemic also seems to be definitively transforming the office market, and it is not too early for building operators to start preparing even if they start today.
The current pandemic situation has even put the larger Hungarian companies in a difficult position, regardless of the sector. Special regulations had to be introduced and previous work processes transformed. Where possible, most employees already work from home, but there are many other workplaces and occupations, where personal attendance is essential. To protect the health of those who work here, Invensol has added another feature to its office and asset management application, which helps detect potential infections within the company. Péter Homonnay, co-founder of Invensol Magyarország Kft., shared with us the details.
Mr. Hubert Abt, CEO & Founder of New Work says that COVID-19 transformed business models overnight. With 90% of the employees working from home, companies have been forced to rapidly change their organizational structures and workflow models. We have also discussed about a possible new market boom of the serviced office, coming recession and why “service” is replacing “office space” at the top of the wish list.
Viktor Nagy, Country Operations Manager of IMMOFINANZ Hungary said that by reacting immediately to the changing real estate market situation, they gained a significant market advantage. Their tenants appreciate the flexibility of the myhive concept, so a real win-win situation has emerged.
Mr. Károly Dömötör Makk leasing manager of the company says that several different strategic responses can be observed among the office market tenants regarding the uncertain situation caused by the virus. We talked about the spill-over effects of this, the brown field investments (that have always been a priority for them), and Millennium Gardens features.
Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.
According to Viktor Nagy, Country Manager Operations at IMMOFINANZ Hungary, the myhive concept launched two years ago is a full success: tenants highly appreciate the range of services available within the office buildings and the measurable benefits of smart ideas helping them acquire new business partners. What workforce retention ability has to do with office buildings, and where the next business quarter will be - among other things, we talked about these topics.
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