High potential for local office building segment

Companies occupying office space need to account for several types of work arrangements, including full-time remote, part-time remote, and full-time on-site. They also need to increase technological investments in order to support remote working, according to a survey carried out by real estate firm CBRE, qouted by Business-Review.eu.

While remote working has been on companies’ minds since the beginning of the health crisis, the aftermath of the pandemic might bring a shift towards the fluid workplace and improved office wellness facilities. On the Romanian market, companies may choose to keep their current spaces and ask their employees to come back into the office in shifts.

“For people working inside the office, physical distance will be ensured according to the safety standards imposed by local authorities, but companies will still encourage face-to-face collaboration and communication,” says Marius Scuta, head of the office department & tenant representation at real estate consultancy firm JLL Romania.

Along similar lines, Fulga Dinu, country manager at Immofinanz Romania, says that flexible working and home offices will be in even greater demand, but that home offices will never completely replace the office workstation.

“We are convinced that the social aspect and the personal interaction are crucial for innovation and productivity in companies. We will therefore continue to see demand for high-quality office spaces with benefits. In the medium to long term, there may of course be changes in individual tenants’ space requirements”, Dinu explains.

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