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.
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.
According to the IWG’s country manager, tenants should do the math: the cost of serviced and coworking offices is not out of line at all. Perhaps the biggest advantage, though, is that it gives almost unlimited freedom for the tenants to focus on what really matters: their business.
According to Skanska's director of leasing and asset management for Hungary and Romania, there is always something clouding the blue sky, but thanks to strong market fundamentals, the office segment is growing. Among other things, we talked about ESG, H2Offices and employees’ mental health.
The predecessor of CE LAND Hungary Kft. was founded in 2004 and launched in its present professional form in 2011, and from the very beginning they defined themselves as a sovereign, elite, Hungarian management-owned, well-positioned real estate consultancy firm, whose main value is independence.
According to Mr. Hubert Abt, Founder-CEO of New Work Offices & Workcloud24, hybrid working is spreading even if we do not want it or are not prepared for it. What opportunities are offered by new digitalization tools, how to manage ESG requirements and how to integrate a property built for 100 years into the world of a sharing economy that changes monthly? These are some of the topics we discussed.
Mrs. Erika Loska, Knight Frank Hungary‘s Co Managing Director says that the past 18 months has brought some serious lessons for all of us - tenants, landlords and consultants. The bottom line after Charles Darwin: It is not the strongest species that survives, nor the most intelligent. It is the one that adapts best to change.
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