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Articles - irodapiac

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.

Green Court Office - new office building development with interim BREEAM Excellent rating in Budapest

Green Court Office, a 20,000-sqm, prime office building located in District 13 of Budapest has reached structural completion and celebrated the “topping out” last week with a ceremony on the site

RoseVille, ATENOR development in Buda, moves forward at full speed with final building permit

ATENOR announces that RoseVille, its latest project in Buda, located in the Bécsi road of District III has received the final building permit.

New Head of Occupier Services at Colliers International Hungary

Colliers International Hungary is pleased to announce, that Miklós Ecsődi has been promoted to the position of Head of Occupier Services, effective from September 2020.

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.

Huge Hungarian success in the FIABCI World Prix d’Excellence Awards

Hungarian real estate developers won two gold and five silver medals in this year's World Prix d’Excellence Awards.

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.

Many companies in the CEE region might consider a hybrid mix of remote and office-based work along with software for management of distributed teams, project management, team management and even skills management in the business.

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies need to downsize. Tenant covenants will receive additional scrutiny by landlords, banks and investors in order to limit risk to a sustainable income.