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Articles - Zagreb

Interview with Robert Bukvić - SquareOne coworking by Rent24

1. Can you tell us a bit more about your coworking office? Rent24 is a global full-service provider offering its customers value by combining a flexible and innovative work concept with a large network of people that make up our Rent24 community and from which each individual can profit. Our locations provide the possibility for our members to dedicate themselves to their work and its success without any distractions as we take care of the perfect work environment - whether its e.g. the functional and beautiful design language, cleaning or coffee supply. In addition, at SquareOne by Rent24 there will be a dedicated part exclusively to women entrepreneurs with specific subsidies. 2. What makes you different? We see that your coworking is five friendly We started Rent24 more than 5 years ago in Berlin, one of the most vibrant startup hubs in Europe. As an entrepreneur myself I fully understand the needs of founders and business(wo)men, and therefore developed our coworking spaces accordingly. Our spaces offer you advantages you would usually only have in bigger companies, like a front desk agent, meeting rooms of all sizes and highly professional technical equipment. In addition, we are always in close contact with our members and know that it has a positive influence when you are allowed to bring your dog to work. As said before, we want to offer you the perfect surrounding to help you to grow your business in the best way possible. 3. Can you tell us a bit more about the coworking department for women only? In Croatia, to my knowledge we are the first ones to offer entire floors exclusively for women because we believe it is important that women here will receive full support for smooth work. This means to give the possibility to connect and cooperate with other professionals and to work in an inspiring space with the most modern equipment and design. In addition, in comparison to regular office space, we will offer a childrens playroom, a babysitter on request, a gym, showers, a powder room, a place to relax and unwind and a kitchenette with unlimited coffee and tea. In the ground floor is amongst others a cafe with a terrace and a lounge restaurant planned. Moreover, we have made good experiences investing in businesses and ideas of the members of our premises and plan to do so also for women entrepreneurs in Croatia. So, in cooperation with our partners, we have created an additional program for subsidies for single mothers and mothers of children with disabilities where we want to offer them free use of our facilities and all the benefits we offer. All interested women can apply via the form on our website ( www.squareone.hr), regardless of the activity they are engaged in. 4. There is more and more talk about the flexible way of working, and about the new concept of the office - Diffuse office space. Can you tell us a bit more about the new concept of the office as such? We have seen the trend of flexible work already years ago, that's why we started to offer coworking. In our opinion, an office should be a beneficial space in comparison to the home office and include special facilities like different sized and styled conference rooms. It has never been efficient for companies to have big meeting rooms which they need to pay rent for but rarely use. In addition, the more people work remotely or from home the less each person needs a dedicated desk in an office. In general, the pandemic boosted the trend of flexible working and changed the requirements for office space. It's more important than ever that offices are efficient and atmospheric, they should be a place where you want to go to get creative input and exchange with others. 5. In Croatia, the startup ecosystem is growing, the number of freelancers is increasing. What changes do you think await us in the future when we talk about office business? Do you believe that some startups will decide to work 100% remotely? Croatia is still in its infancy when it comes to coworking. In contrast to the US or Germany, much more educational work has to be done on what coworking is and what advantages it brings. The potential is very high though. The startup and tech scene in Croatia are vibrant and companies are increasingly focusing their work on the international market and attracting foreign capital. The concept of coworking can help young entrepreneurs and companies make the right contacts and organize their work more efficiently.

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Despite the pandemic, real estate prices in Croatia continue to rise

In Croatia, housing prices continue to rise. And with earthquakes and uncertain economic trends in the pandemic. But the pandemic still led to a slight drop in property sales.

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Interview with Mirela Marović Omerza, founder of BIZkoshnica coworking space in Zagreb

Can you tell us a bit more about your coworking office? BIZkoshnica is one of the first coworking spaces in Croatia. It was opened in the fall of 2015 and has since been a home and place for work, meetings, gatherings and events for a community of hundreds of micro-entrepreneurs, freelancers, members and employees of associations, professionals in a wide range of professions, and our creative tenants. The specifics of BIZkoshnica are its attractive location in the city center on Zagreb's Britanc, pleasant and stimulating atmosphere and professionally arranged space that meets all the requirements of today's digital and mobile entrepreneurs and a team of business advisors and mentors who serve community members in realizing their business ideas and business development . So, BIZkoshnica offers much more than just office and communication infrastructure, it is a place where we share space, knowledge and ideas and nurture the values ​​of openness, flexibility, accessibility and sustainability. The definition of coworking that we prefer is the work of independent individuals and companies from different fields of activity in a common shared space, based on mutual cooperation and networking, and encourages the growth and development of each user and his business with the support of the coworking team and community. How did the crisis with the pandemic affect and how will it affect the coworking concept that was on the rise? As we have become accustomed to the constant and continuous growth of demand for coworking services in the last few years, the crisis has shaken us quite a bit like most industries, especially service industries, but it has also helped us to wake up and reset. The global pandemic has caused and accelerated the inevitable change in the way we work remotely and work from home. People accepted this change after the initial shock, but it turned out that the home office also has a lot of shortcomings. Most people at home do not have adequate working conditions, feel isolated, have many distractions they are surrounded by, from household chores, children, pets, all of which affect reduced productivity, lack of focus, harm to people's mental health and work from home is not long-term. solution. Thanks to the flexible conditions of use, and at the same time satisfying all health, safety and social measures, one of the possible solutions for entrepreneurs as well as corporate employees who cannot use their company's offices during a pandemic is the use of coworking space. Eg. instead of teams of employees working from home in inadequate conditions during the week when they are not in the office they can use the coworking space. The use of coworking space is also supported by the accelerated digitalisation and digital transformation that has benefited the pandemic in many sectors and the fact that more and more employees have become workplace independent. It is becoming a general trend for remote workers to grow up who do not need to be physically present in the company they work for. Already now in the world about 40% of the total workforce are freelancers or self-employed, and on the other hand there are estimates that by 2030 there will be 1 billion digital nomads globally. All these changes will affect the fact that companies will gradually reduce their office space, which will increase the demand and need for alternative places to work, and the demand for coworking spaces will grow. Therefore, I am optimistic when it comes to the perspective of coworking space in general, but it will be necessary to monitor and listen to the needs of users so that their existing concepts can be adapted in the best possible way, but flexibility is one of the features and advantages of coworking. Many creatives and companies from different industries work in one place where they can share experiences, but also save on utilities. In your opinion, what are the advantages of working from a coworking office? There are a number of benefits. Eliminating the already mentioned feeling of isolation at work from home, working in a professional and representative space, which is much more affordable than renting your own office and paying all office expenses, encouraging creativity and innovation, and of course increasing productivity, then coming to new business opportunities and associates and countless opportunities for collaboration and networking, informal transfers of knowledge and skills over coffee, lunch and socializing together. I like to point out that by staying and working in a coworking space, some doors often open for you and you come across business opportunities and projects and people that you would otherwise very likely not meet. Getting a quick feedback from fellow coworkers and ideas for solving a business challenge is also often invaluable. In coworking, we witness the daily personal and professional development of community members, which leads to strengthening the professional competitiveness of each member and a better quality of life to separate private from business space and strengthen satisfaction and feelings of happiness and success. Can you explain to us the difference between HUB, Open Space Office and Coworking Office? I believe that a lot of people are confused by the terminology related to the different types of shared office spaces we encounter so I will try to clarify. HUB denotes a place that gathers many people and may include a physical place, but can only denote some central event. In coworking terminology it is used for spaces that offer office and other customer services. An Open Space office is a type of office in which several people, usually employees of one company, work in one common open space, while in coworking spaces users who do not necessarily belong to the same team or company can share an open space office or desk in one common open space. Coworking as one of the derivatives of the ‘sharing economy’ denotes office space and the community that shares that space and at the same time shares knowledge and other resources. Coworking space offers fully equipped fixed and flexible workstations organized in open or closed work zones, can also offer separate offices, then space for events for members as well as for external clients from meeting rooms, workshops, lectures and halls for larger events , lounge space, kitchen with bar… Coworking spaces offer short-term and long-term coworking packages depending on the needs of users. There are many types of coworking spaces from luxury, full service coworking spaces located in urban centers, to rural coworking spaces. There are also niche coworking spaces specialized for a particular type of user, such as women entrepreneurs, families, the IT industry, chefs, digital nomads, makers and spaces for creation, and there are coliving spaces, which in addition to work space offer their community and accommodation facilities. Each of these spaces is characterized by a specific design and level of equipment. Have your clients returned to your Coworking office? Most of our members returned to BIZkoshnica after the lockdown and earthquake, because they need space to work and have to continue with their jobs in the best possible way. Since our members are mainly engaged in digital occupations, there are not too many changes in the performance of work compared to the time before the pandemic, except that we have adapted the space to the 'new normal' and adhere to all prescribed epidemiological measures. After a long break, meetings and smaller events began to be held in the space again, and one of the major changes is that in addition to live events, the so-called hybrid events, which, in addition to participants who are physically present, are also transmitted digitally via streaming and are available to an online audience that is not present at the event itself. As you see the world economy after the pandemic, it is known that there are a lot of digital people in Croatia. Do you believe that number will increase? Globalization and market liberalization with the development of technology have enabled the development of digital occupations and a ‘new’ way of working. The pandemic itself has further accelerated this trend so that artists, creatives, developers, marketing professionals, business consultants and many others can provide services around the world. Given its geographical position, natural and cultural beauties, Croatia is a very nice place to live, so the benefits of living here, and working for clients from around the world sound very tempting not only to Croatians but also to many digital nomads from different countries. This is supported by the work visa for digital nomads, which was introduced so that we expect a large number of digital nomads in Croatia. The charm of digital nomads, such as freedom and autonomy, is also hidden in the place of work, ie coworking spaces that are available to everyone today. In coworking offices, foreigners and locals get to know each other, cooperate, contribute and it is this wonderful vicious circle of coworking and exchange of knowledge and experience for the benefit of society and community that we love and live every day in BIZkoshnica.

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Trends in real estate purchases in Croatia 2021.

Buying real estate in Croatia is considered a good investment for many foreign citizens.

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See how real estate prices are moving in Europe, Split is at the very top

SPLIT is the third most expensive city in Europe in terms of real estate prices in terms of income - at least according to the Numbeo page, which presents itself as the world's largest database on the cost of living, as well as the quality of life. Namely, the ratio of real estate prices and average income in Split is a high 20.3, according to the calculation of the Numbeo page founded by Mladen Adamović, a former Google software engineer from Serbia. Only Moscow and Paris are more expensive than Split Split is thus behind Moscow (ratio 21.12), which is in first place, and Paris (20.97), and ahead of Belgrade (19.77), Vladivostok (18.63), Gdansk (18.31), Prague (17.97) and Milan 17.85). Moreover, Croatia has two cities among the 20 most expensive - Zadar is in 13th place, with a ratio of 16.41, ahead of St. Petersburg (16.34) and Munich (16.27). Interestingly, London, which has a reputation as a city with unbearably high housing prices, is only in 20th place, with a ratio of 15.65. Zagreb in 33rd place, ahead of Madrid Zagreb is much lower than the two largest Dalmatian cities - where the price is so high primarily due to tourism - but again quite high, in 33rd place out of a total of 192 larger European cities on this scale. With a ratio of 13.47, Zagreb is ahead of Skopje (13.46), Madrid (13.37) and Ljubljana (13.35). In Split, according to the data of this specialized site, the price per square meter of an apartment in the city center averages HRK 25,403, and outside the city center HRK 18,694. Renting a one-bedroom apartment in the city center averages 3220 kn, and outside the center 2803 kn. In Zagreb, the average price per square meter of an apartment in the city center is HRK 21,765, and outside the center HRK 14,791. The average rental price of a one-bedroom apartment is HRK 3,625, and HRK 2,762 outside the center. On the other hand, according to the Central Bureau of Statistics (CBS), the average price of a square meter of a new apartment for sale in Zagreb was HRK 4,125 in the second half of 2020, not counting socially supported housing (POS) programs. Of course, Split is relatively more expensive than Zagreb due to the drastic difference in the average net salary. While in Zagreb it is HRK 6,947, in Split it is HRK 5,395 - therefore, HRK 1,552 less, according to data from Numbe. Also, while the average fixed interest rate on a 20-year mortgage loan in Split is 4.54%, in Zagreb it is 3.37%. In Zagreb, the price per square meter of an apartment goes up to 5 thousand euros, in Split up to 7 Recall, real estate prices continue to rise in Croatia, especially in Zagreb and on the coast, despite the pandemic, the corona crisis that caused a record decline in GDP and earthquakes in Zagreb and Banija. In Zagreb, the price of a square meter of an apartment ranges from two to five thousand euros. In Split, the price of a square meter of an apartment goes up to 6-7 thousand euros. "We even have 6 to 7 thousand euros per square meter. The limit has long passed the limit of reasonable prices, but while there are buyers, prices do not fall. If we had stagnant sales, then those prices would fall," said Meri Vulic, Split real estate agent. , in January for HRT. Real estate prices in Croatia grew more last year than in the EU And according to a Eurostat report from January, in Croatia in the third quarter of 2020, ie before the second, autumn wave of the coronavirus epidemic, real estate prices continued to rise. Moreover, while residential real estate prices, measured by the Eurostat House Price Index (HPI), in the European Union increased on average by 5.2%, in Croatia they increased by 6.9%, compared to the same period in 2019. It is also interesting that the price for sale in the last few years in the EU has increased significantly more than the rental price, although from 2011 to 2017 the trend was reversed, as seen in the above graph of Eurostat. Nevertheless, residential real estate prices in Croatia decreased by 0.6% compared to the previous, second quarter of 2020, while in the EU they increased by 1.4%. And the European Central Bank warned in its Financial Stability Report last November that prices in the eurozone were followed by a reality check, as the corona crisis took its toll and left more and more people jobless and reduced purchasing power. Source: Index.hr

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Ranilović: Real estate sales in the center of Zagreb fell by about forty percent

The president of the Real Estate Association at the Croatian Chamber of Commerce, Dubravko Ranilović, said in the show "Studio 4" that new construction is currently being sought in the city of Zagreb, but that this trend is present throughout Croatia.

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The real estate market in Zagreb has completely stopped. True, prices have not fallen, but it is clear why!

It is certain that with quality and maintained real estate prices will rise. In the coming period, there will be large differences in prices

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The people of Zagreb are leaving the center, looking for land and houses on the outskirts

During quarantine, when the economy was locked, the real estate market almost stopped. After the opening - interest in real estate in Croatia is growing again

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