Central Park
News

Which office category is best for you?
Shell & Core, CAT A or CAT B?

07 June 2021

There are many reasons why you're considering moving office spaces.

Optimized location for business activities, cost-saving, expansion plans, downsizing, etc.

Whatever the reason, the key question to consider is “What is the right office space for you?”

Shell & Core, Fitted or Furnished?

Seems pretty straightforward...

But there are a few things to contemplate before committing to any leasing agreement.

Let's dig a little deeper into each option to see which is best suited to your needs.

The flexibility and lower leasing costs of Shell & Core, but...?

As the name suggests, Shell & Core is the blank canvas to your masterpiece.

A basic infrastructure that gives you the flexibility to develop the office that will lead your company into the future.

But before jumping at this option, there are 2 key factors you should consider:

• The required size of the office space
• The time you’re willing to commit to your leasing

 

Shell and Core is the ideal choice if you’re in the market for office space anywhere between 2,000 sq ft to 100,000 sq ft. and you can build and design all aspects of the perfect workspace, Shell & Core is your option.

Even though monthly leasing costs are more financially beneficial with Shell & Core, to justify such an investment, we recommend at least a 4-year leasing commitment.

Curiosity… Did you know that at Central Park Towers DIFC, you could be eligible for a fit-out contribution? Find out more, click HERE.

Want flexibility but don't have time to waste? Fitted (CAT A) is for you!

The Fitted office option on many occasions can be misinterpreted.

So before getting into details of whether fitted (CAT A) is right for you, let’s first establish what's included:

• MEP Installation
• Suspended Ceiling
• Lighting
• Air Conditioning
• Flooring

 

Essentially providing a functioning open workspace with the flexibility to install the functional design and finishes; such as individual offices, meeting rooms, dry pantry, etc.

This category is a very attractive proposition for those eager to get a functioning office space in as little time as possible, yet still allows for customization.

While you can expect monthly leasing costs to sit at the mid-range point...

Minimal investment is required and will depend on your office requirements.

We recommend fitted as the best fit for companies that are looking from anywhere between 1,030 sq ft to 5,000 sq ft, and who are after the possibility of customizing their office space with low investment costs attached.

Ready to Move-In with CAT B ( Furnished )

This is more of a straightforward office leasing option available.

A furnished office space that offers a ready to move in model.

Offering limited to no customization opportunities, there are still many upsides to furnished office space.

It’s the preferred option for smaller and up-and-coming companies that are looking for a hassle-free move-in.

Another upside to CAT B is Flexi leasing terms, removing any sort of long term leasing commitments.

This can be an essential element for companies that are on the growth wagon, who may need to upgrade their offices in the short term as their business continues to grow.

Considering the plug ‘n’ play model of CAT B, tenants can expect higher monthly leasing costs than the other options although no initial investment is required.

Still not sure which is the best office option for you?

Now that we have covered all three corporate office leasing options.

The question remains... “What’s is the best option for you?”

There is no one simple answer to this.

Each of the options has its pros and cons.

Some options need larger investments although provide customization opportunities to your desired design, which may suit larger corporations or companies wanting to commit to a minimum of 4 years.

While others offer higher monthly leasing costs, yet require little to no investment and offer Flexi leasing terms, perfect for start-ups or companies that forecast short term growth.

When selecting a new office space, no one option fits all!

Each option is available to cater to your financial and business requirements… These are the primary factors that will determine the right office space for you.

Deciding which option is the best for you can sometimes be challenging.

We are here to help give you the confidence to make the right choice.

If you're planning on an office move to DIFC, we would be happy to provide proposals on each of the categories so that you can make the best-informed decision for you and your business.

 

Nemo Stojanovic
Head of Leasing,
Central Park Towers DIFC
nemo.stojanovic@centralparktowers.ae
Phone : 043738933

New office tenants in Central Park

26 February 2021

We are pleased to welcome the following office tenants to our growing community during last 3 months.
The new year is always an opportunity for a fresh start. Below companies recognized our tower as a preferred office community in DIFC area
that offers unmatched values and incentives.

In last three years, Central Park Towers became a home to 91 companies who have relocated their offices here and filled in a whopping 513 000
sq ft of workspace!

We are welcoming new joiners :

- Century Private Wealth 
- Sacor Holding
- Monty Mobile 
- RedWood SFO
- MTN 
- Arx Financial Engineering 

Despite the pandemic and slow-down in commercial real estate, Central Park Towers DIFC has attracted more than 19 office client who are
occupying whopping 101,000 sq ft,

Safety Measures for Our Community

19 July 2020

At Central Park Towers your safety and well-being is our top priority. We have implemented stringent health and hygiene protocols to ensure our tenants and visitors are safe and comfortable and their return is a positive experience.

How to protect yourself from COVID? 

Wear a mask

Everyone 2 and older should wear masks in public.
Masks should be worn in addition to staying at least 6 feet apart, especially around people who don’t live with you.
If someone in your household is infected, people in the household should take precautions including wearing masks to avoid spread to others.
Wash your hands or use hand sanitizer before putting on your mask.
Wear your mask over your nose and mouth and secure it under your chin.
Fit the mask snugly against the sides of your face, slipping the loops over your ears or tying the strings behind your head.
If you have to continually adjust your mask, it doesn’t fit properly, and you might need to find a different mask type or brand.
Make sure you can breathe easily.

Stay 6 feet away from others

Inside your home: Avoid close contact with people who are sick.
If possible, maintain 6 feet between the person who is sick and other household members.
Outside your home: Put 6 feet of distance between yourself and people who don’t live in your household.
Remember that some people without symptoms may be able to spread virus.
Stay at least 6 feet (about 2 arm lengths) from other people.
Keeping distance from others is especially important for people who are at higher risk of getting very sick.|

Avoid crowds

Being in crowds like in restaurants, bars, fitness centers, or movie theaters put you at higher risk for COVID-19.
Avoid poorly ventilated spaces
Avoid indoor spaces that do not offer fresh air from the outdoors as much as possible. If indoors, bring in fresh air by opening windows and doors,
if possible.

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Wash your hands often

Wash your hands often with soap and water for at least 20 seconds especially after you have been in a public place, or after blowing your nose, coughing, or sneezing.
It’s especially important to wash:
Before eating or preparing food
Before touching your face
After using the restroom
After leaving a public place
After blowing your nose, coughing, or sneezing
After handling your mask
After changing a diaper
After caring for someone sick
After touching animals or pets
If soap and water are not readily available, use a hand sanitizer that contains at least 60% alcohol. Cover all surfaces of your hands and rub them together until they feel dry.
Avoid touching your eyes, nose, and mouth with unwashed hands.

Cover coughs and sneezes

Always cover your mouth and nose with a tissue when you cough or sneeze or use the inside of your elbow and do not spit.
Throw used tissues in the trash.
Immediately wash your hands with soap and water for at least 20 seconds. If soap and water are not readily available, clean your hands with a hand sanitizer that contains at least 60% alcohol.

Clean and disinfect

Clean AND disinfect frequently touched surfaces daily. This includes tables, doorknobs, light switches, countertops, handles, desks, phones, keyboards, toilets, faucets, and sinks.
If surfaces are dirty, clean them. Use detergent or soap and water prior to disinfection.
Then, use a household disinfectant. Use products from EPA’s List N: Disinfectants for Coronavirus (COVID-19)external icon according to manufacturer’s labeled directions.
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Monitor Your Health Daily

Be alert for symptoms. Watch for fever, cough, shortness of breath, or other symptoms of COVID-19.
Especially important if you are running essential errands, going into the office or workplace, and in settings where it may be difficult to keep a physical distance of 6 feet.
Take your temperature if symptoms develop.
Don’t take your temperature within 30 minutes of exercising or after taking medications that could lower your temperature, like acetaminophen.
Follow CDC guidance if symptoms develop.

Get Vaccinated to Protect Against COVID-19

COVID-19 vaccination is especially important for people who may be more likely to get very sick from COVID-19, such as older adults and people with certain medical conditions.
People with underlying medical conditions may get a COVID-19 vaccine as long as they have not had a severe or immediate allergic reaction to the first dose of a COVID-19 vaccine or any of the ingredients in a COVID-19 vaccine.

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