How is the current geopolitical and economic situation affecting the demand for flexible office space in the CEE region?
Hubert Abt, CEO, New Work: In uncertain times, customers require flexible solutions and ‘space as a service’ rather than office space on fixed terms and inflexible conditions. Thus, generally speaking, the situation favours flexible office space operators like New Work. Poland is the only market with a steady growth forecast. Personally, I believe that it is the most resilient market against disruptive tendencies. Compared to other markets, we feel comfortable here. The share of flexible offices is still only 4 pct in Poland; therefore, with its positive economic outlook, there’s still ample room for New Work to grow here.
What role do sustainability and ESG principles play in New Work’s strategy? Are you noticing an increased demand for eco-friendly and energy-efficient office space?
ESG is close to my heart. With workcloud24, we launched