COVID-19 brings uncertainty to many tenants, and with current social distancing measures in place as well as a majority of companies transitioning to working from home arrangements, the requirements of an office space have been severely impacted.
In the last month alone, the vacant office space offered by tenants for sublease has approximately doubled (from 50 to 100,000 m2). This is a unique opportunity, especially for small companies with up to 50 employees, which can now afford prestigious "A" offices commonly intended for larger corporations due to the coronavirus crisis. And under very advantageous conditions, often with a better price or higher flexibility of commitment compared to standard five-year contracts.
Only 18% of the companies surveyed reduced their leased office space and 27% gave up the planned expansion.
The pandemic accelerated the onset of new trends. Flexibility is at the heart.
64% of respondents-companies in the Czech Republic and 75% in the CEE region plan to invest in new technologies to support teleworking.
24% of Czech and 32% of Central European representatives of the surveyed companies expect increased interest in the sustainable construction of buildings.
The developer Penta Real Estate has announced a competition for coworking offices in Prague in the Churchill building. The winner was Studio Perspektiv, which created a so-called boutique co-working space for the discerning. It is called Base and is the first branch of the planned network.
KNOWN FOR CAREFULLY designed workspaces with distinct areas for focused thought, group brainstorming, recreation and relaxation, WeWork manages 287 office locations in 77 cities worldwide. While WeWork started in 2010 by providing collaborative space for freelancers and startups, the company’s fastest-growing segment today is enterprise members: businesses with more than 1,000 employees that seek dynamic design and greater flexibility. Large companies can choose from a variety of spaces in a WeWork location, or take advantage of WeWork’s Powered by We offering, in which WeWork designs, builds and operates a space specific to a company’s needs.
It’s a matter of debate on whether a corporation should go for a modern style office or whether they should just stick to the traditional style and cling on to the past. In most cases, businesses often feel it’s safer to embrace the contemporary look for numerous reasons, which we will now explore below.
Businessman Zdeněk Bakala sold a real estate complex in Prague Karlin to Amundi Czech Republic real estate fund. Part of the Forum is the multifunctional forum of Karlín, Šárka Samková's spokeswoman Bakal said. Both sides agreed not to publish the transaction price.
THERE WAS A TIME when a good salary and health care plan were enough to attract almost any employee. But in today’s ultracompetitive recruiting environment, top talent often seek benefits that go beyond monetary compensation.
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