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Interviews

The Hungarian office market is well positioned for a recovery

Ms. Erika Loska, Knight Frank Hungary‘s Head of Office Division says that a real office offers experience, contact and choice, its role is irreplaceable, and businesses still want a real company headquarters

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We are social beings, we need offices

On the Andrássy Avenue- which is part of the World Heritage – the renovation of the Krausz Palace, built in the 19th will start soon. Under the leadership of Limehouse Partners, one of the most modern and exclusive office concepts in the city center will be realized, which will preserve the patinated building for posterity along high aesthetic and comfort expectations. We asked Mr. Jake Lodge, Managing Partner of Limehouse Partners, how they are preparing for the post-virus period, what offices are in demand and why a return to offices is inevitable.

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myhive Haller Gardens: a pioneering, comprehensive renewal in the Hungarian market

According to Viktor Nagy, country manager at operations of IMMOFINANZ Hungary, high-quality offices – including locations as well as the services – will always be needed. Among other things, we talked about the changed expectations due to Covid-19, the importance of lively community spaces and a wide range of services, and the new services of the gap-filling myhive office concept.

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It is time to prepare for the post-epidemic period

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.

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Invensol – a specialist in optimizing office spaces – offers a solution to prevent the spread of coronavirus

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.

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Companies have to rethink their office needs

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.

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myhive: flexibility is the key in the office market

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.

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TriGranit: The role of local expertise is unquestionable

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.

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