Flex Business Hub concept delivers offices for new economic reality

New Work’s 360° Workspace Solution provides a platform for landlords to maximize the profitability of commercial office space. New Work Offices, the largest independent flex office operator in Central and Eastern Europe, undertakes a detailed building analysis, modifies the design to post-COVID standards, and commercializes common areas to enhance occupant attractiveness while creating new revenue streams. The 360° Workspace Solution platform allows building owners to track results in real time, while allowing New Work to decrease transaction times from over six months to just a few weeks.  

Following the outbreak of the COVID-19 pandemic, property owners will need to implement both physical and operational changes to attract clients to their buildings.  Uncertainty has forced occupants from all industries to completely revise their business plans and it seems that everyone is conserving cash, making traditional long-term lease agreements increasingly unattractive. Decision criteria for office tenants both small and large have undergone a major shift in this new global post-pandemic reality.

“Customers are paying closer attention to availability and prices for flex office space located in attractive locations” commented Hubert Abt, CEO and founder of New Work. 

“But other factors are now increasingly important, particularly the availability of services for occupants in the building, smart systems which optimize energy consumption and efficient modern ventilation systems. Property owners will be forced to address these new expectations and offer their tenants a range of on demand services, including those based on new technologies.”

Flex Business Hubs are the core of New Work’s innovative 360° Workspace Solution.  The platform enables the transformation of traditional office buildings into facilities that perfectly fit the rapidly evolving needs of business today. 

(WBJ)