New Work announces further expansion

One of the largest flexible office operators in Central and Eastern Europe New Work, active in five countries and eight cities, is continuing its path of growth. By the end of this year, the total area managed by the company in five countries will exceed 60,000 sqm, doubling the space operated in 2019. Importantly, a considerable part of the new investments will be located in Poland.

According to Hubert Abt, the CEO & founder of New Work, there is no doubt that property owners will be forced to reserve 15-20 percent of their space capacities for flexible solutions in order to be able to match future expectations of their customers.

The concept known as `Space as a Service` is already very popular in office buildings in London or Amsterdam. It involves commercializing common areas so as to offer its customers coffee shops, hot desks as well as meeting and conference facilities and concierge services.

 “We already operate in three cities – Warsaw, Kraków and Łódź. Currently, we are working on an additional seven projects in Poland, whose total area is 20,000 sqm. Poland is the most important and dynamic CEE market, so we’re planning further investments here,” Abt added.

(WBJ)