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Office Market News

IWG vs. Covid

As Covid-19 squeezes demand for offices, shared workspace provider IWG (IWG) is set to place its Jersey-based subsidiary, Regus plc, into insolvency. The move is designed to send a signal to landlords that unless they are prepared to lower their rents, IWG is willing to walk away from its lease obligations.

Nokia stays in West Gate and West Link in Wrocław.

The world leader in mobile broadband has decided to extend its lease agreements with Globalworth for the space it occupies in the West Gate and West Link office buildings in Wrocław. The contract, which covers an area of nearly 30,000 sqm, is the largest lease agreement signed in a Polish regional city this year.

Globalworth launches I MISS MY OFFICE campaign

Globalworth, the leading office investor in Central and Eastern Europe (CEE), is launching the radio and digital campaign I miss my office, based on its tenants’ reactions and feedback. More than 8 months have passed since the Covid-19 pandemic started and many people have made the abrupt shift to working from home. To reconnect people working in office buildings and bring to life the atmosphere that people used to enjoy in the morning before starting their jobs, the office building market leader in Romania and Poland is partnering up with Radio Guerrilla in Romania and Radio Kolor in Poland to create a special morning show segment.

Swedes enter the Polish market. They buy the Skanska office building for EUR 70 million

Skanska sells the second building of the Spark office complex in Warsaw to Stena Fastigheter AB for EUR 70 million.

9 Commercial Real Estate Lead Generations Must in 2021

In order to become successful in the highly competitive business of commercial real estate it is very important to invest in lead generation.

The reconstruction of Widzewska Manufaktura begins

This morning, construction works have started on the premises of the former factory complex of Widzewska Manufaktura in Łódź. The investor - Cavatina Holding - thus began the revitalization of historic buildings in the area of about 4 ha at al. Piłsudskiego 135. Reconstruction of WI-MA will bring back life to 140-year-old historic buildings, creating a place to work, live and spend free time here.

Offices are saving themselves from the crisis. They sublease unnecessary space

Companies want to sublease unnecessary office space. There are more and more offers and they also apply to the most prestigious addresses.

Predicting the office amenities of the future

Reading the amenity lists of modern office buildings in major cities, you might think you’re looking at a hotel and not a typical commercial property. Indeed, buildings have come a long way from the days when a coffee shop or lobby fountain was all that you could hope for at your workplace. Today, it seems like you could find a building with practically any activity or amenity imaginable if you look long enough.
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