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News, interviews and testimonials from the office market

E.ON will be the first exclusive office tenant at BakerStreet

E.ON Hungária Zrt., the Hungarian unit of the E.ON Group has decided to move its Budapest site to BakerStreet, developed by ATENOR Hungary. E.ON will occupy their new Hungarian headquarters from the second quarter of 2024 on 16,200 sqm, in the first phase of the BakerStreet office campus.

New Work adds news location in Prague

CEE-based flex office provider New Work has opened a new location in Prague. New Work Smichov Business Park offers fully furbished office space with up to 245 workstations in one of Prague’s most lively areas, with many offices and an outside terrace overlooking the Vyšehrad castle as well as beautiful green areas along the Vltava River.

myhive Haller Gardens won the BIG SEE Architecture Award 2021

myhive Haller Gardens revitalization project won the BIG SEE Architecture Award 2021. The award ceremony, cancelled last year due to the pandemic, took place on 5 May in Ljubljana, where representatives of the Viador Átrium Group, the architects involved in the project, received the award.

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.