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Mr. Károly Mózes: Hungary is one of our fastest growing locations

The Partnership Business Development Manager of IWG says that companies require less space as their employees are no longer in the same location 5 days a week and providing access to a network of locations boosts productivity and provides greater flexibility and convenience for employees

Yulia Lytvynenko: hybrid working is not just a trend, it is a paradigm shift

According to the IWG country manager, workers see the possibility of hybrid working as equivalent to a 7%-8% pay rise. She expects the sector's vacancy rate to fall in the second half of the year, as the daily commute of white-collar workers could soon be a relic of the past. Brave new world? Find out in this interview.

Any real estate management company who has not noticed the changing tenancy patterns is now in big trouble

CPI Hungary has further increased its competitive advantage in the Hungarian real estate management market through an acquisition. The company relies on offering its tenants unique, flexible office solutions and wellbeing services compared to its competitors. The majority of time spent in office buildings can be meaningful, colourful and full of life. We had a chat with the Bea Déri (Director of PR, Marketing and Design of the market leader company, pictured right), and Zita Kovács-Bertók (Office Business Development Director).

The art of sustainable performance

Mr. Hubert Abt, founder and CEO of New Work and workcloud24 says that if we want to continue to live on this planet, ESG is inevitable for all companies. We also talked about the risks in the real estate market, the differences between ESG and CSR and how to fit 7,000 people in a building planned for 4,500 people. Tight questions and even tighter answers.

You can survive a recession, but …

Office tenants are hesitating to sign long term contracts, which is understandable given the turbulence of the last few years. Flex-office operators are not looking forward happily to the recession either, but it is undeniable that the market environment is more in their favour. Mr. Hubert Abt, founder and CEO of New Work and the Workcloud24 platform, shares with us all there is to know about the difficult times ahead.

The Office Needs to Be Better Than Home

We spoke to Mr. John McKie, Managing Director of CA Immo in Hungary, about current market trends, future uncertainty and tenants' concerns.

Flexible office solutions market share to grow from 4% to 30% in the foreseeable future

Mr. Hubert Abt, Founder-CEO of New Work Offices & Workcloud24 does not like to talk in circles, he prefers facts, and some of his statements are almost shocking. He says that without the changes required by ESG, the average real estate portfolio will lose 30% of its value in a few years. We talked about an impending recession, 50% vacancy rates, and the challenges facing landlords.

Office first

According to Ms. Erika Loska, MRICS, Co-Managing Director of Knight Frank Hungary, hybrid working is a huge opportunity to retain a quality workforce, but it also has a number of drawbacks, and it is just one of the biggest changes in the office market that both tenants and landlords need to respond to. We talked about ESG, the world beyond profit and tenants' cautiousness, among other things.
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