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Office Market News

What the future office needs to look like

The ongoing debate about the longevity of the office is nearing drawn-out status. We know its role is changing. We should also understand that it isn’t going away. Data shows interest in the office isn’t dying. Demand for high-quality, comfortable and convenient spaces across European cities remains strong. In fact, CBRE expects leasing rates for offices to recover in 2021, reiterating the key role the office will play in a blended working environment.

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Billion investment in renewal

In Slovakia, we are faced with the challenge of redefining the approach to building renovation, experts in this area agreed at an event organized by the Buildings for the Future platform. The motivation should be significant funds that will be invested in the next 7 to 9 years in the renovation or construction of buildings in addition to standard Eurofunds, more than two billion euros from the Recovery and Resilience Plan. A new look at building renovations should take into account the complex aspects of building function.

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Spaceflow & Flowbox announce partnership: FLOW helps landlords monitor and control their properties

Today, Spaceflow, a tenant experience operating system and Flowbox, an in-building advanced technology management company, announce their partnership. Through their common product offering, Flowbox and Spaceflow help landlords and building operators with their ESG (Environmental, Social and Governance) goals. With FLOW, real estate companies can monitor energy consumption, occupancy, air quality, temperature, CO2 levels, humidity and in later phases, control and automate their building hardware in one platform. Real-time data helps owners and managers optimize operations, streamline the use of energy sources, reduce operating costs and be guided through investment decisions.

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The major tenant in Nové Apollo will be one of the largest IT companies in the world

One of the largest IT companies in the world is moving its Slovak offices to New Apollo. In addition to the project itself, the company was also approached by the flexible Qubes premises and the Symbiosy and More services from the HB Reavis portfolio. It is thus clear that HB Reavis' unique strategy of providing workspace as a service is key for clients.

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The Klingerka also reveals the rest of the facade

Currently, the tallest residential building in Slovakia, the Klingerka project from J&T Real Estate, is beginning to take on its final face. After removing the scaffolding from the lower part of the building, the upper part of the eastern façade also begins to be exposed. Soon, the color scheme of the building, which should associate the jute bags with a link to the original factory, should be full.

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Real estate transaction of the year. They bought Aupark for almost half a billion

Bratislava's Aupark shopping center is being bought by WOOD & Company from Unibail-Rodamco-Westfield (URW) for 450 million euros.

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The Petržalka Brána project is unveiled

The VI Group's plan to build a new multifunctional project in Petržalka, in the area between Kopčianská Street and the Petržalka Railway Station complex, has been known for a long time. Originally, it was supposed to be mainly housing and boarding school, but after the reservations of the Municipality, the functional composition was modified. In addition, a large supermarket should be built on the ground floor of the house.

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The construction of the Urban Residence is coming to an end, and a new park is being created

Developer Lucron is nearing the completion of more than four years of construction of the Urban Residence project. As part of the development, four new buildings were built, among which there is a landscaped public space. According to the developer, the point should be a park created between the third stage and the Filiálky complex, which is being created in cooperation with the city district.

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