Technology consumes up to 12% of office building budget but these expenses will grow

The construction of an office building costs from several to several dozen million zlotys. Most of the funds, more than half, are spent by the construction itself, and 20-30 percent is on equipment. According to the Global Cost Report prepared by CBRE, from 6-12 percent of the total budget for the construction of an office building is allocated to technological solutions. This includes IT installations, cabling, security systems, computers, laptops, monitors, and landline phones. In addition, there is an increase in the number of elements that make up the so-called smart building. It is about all systems that make it easier for users to use a given office. In addition to technology, the largest category of expenses is the construction itself, which consumes 50-70 percent of the cost. On the other hand, equipment, such as furniture, signage, or branding, accounts for 20 to even 30 percent of the budget.

“Employees need a space adapted to working together and equipped with technological solutions that we lack for a home office. Therefore, companies' investments in modern technologies are necessary and will continue to grow. Appropriate office space and the space in which we work is even more important in today's reality,” Radosław Pawlak, director in the office space department at CBRE, said.

(WBJ)