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Interview

If the tenant community is open to an idea, we implement it

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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Regus: 4 new centres opening soon

According to Ms. Nikoletta Ispanki, Country Manager of IWG Hungary (known for brands like Regus and Spaces), as the office market is moving forward, they are looking ahead; expanding, thinking about the rural areas, and franchising-based expansion.

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SPACEFLOW takes Real Estate From Space-to-rent to Space-as-a-service Business“ -

With co-working experiences booming around the globe, workspaces are becoming much more than four walls and a table. Spaceflow, a Czech startup, challenges our imagination and creativity to reshape how we think of Real Estate. Are we ready for it?

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CBRE: It is a very good time to be a landlord

Mr. David M. Johnston MRICS, Senior Director, Head of Advisory and Transaction Services at CBRE Hungary says that market is enjoying one its strongest spells ever. What are the consequences? Rents are increasing and incentives are shortening. We also discussed changing occupiers’ needs and why the 76th place on Mercer’s Quality of Living list is a good one.

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New Work: from now on New Work will play in the European league - at least one new Center each month in 2019

Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.

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We are on a constantly growing track

According to Viktor Nagy, country manager of IMMOFINANZ Hungary, the office market is not growing indefinitely, but with a sophisticated service palette, an office-building operator can be successful in the long term. We talked about rent levels, myhive and the overall market.

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Growth is important, but we also have to make profit

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.

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GTC: we remain in the 13th district

The 20 € rent fee is unrealistic, but the current economic cycle will continue in the next two years – says Mr. Robert Snow, chairman of the GTC Hungary Real Estate Development Ltd.

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