The massive office vacancy we used to see before will surely not be seen any time soon due to this corona crisis, even here in Malta. The Maltese office scene is on the eve of a major change.
When the Maltese authorities announced that all employees had to work from home as much as possible, offices that were normally busy and full of life with no empty desks were replaced with a dark and deserted space. Now, almost 5 months later, a lot of movement on the market can be seen. Sirp de Wit, CEO of Inovatiq Ltd, and parent company of MrCasinova, said: "For us at MrCasinova.com, it was not a big exciting transition. We were already used to working remote due to the remote set up available in the office. Therefore, we did not see any drop-in productivity. Flexibility is key here, employees can decide for themselves if they want to work in the office or work from home for the day, week or even month."
MrCasinova.com moved in May to a new office space, which was planned before the Corona pandemic was at its midst. "With the full flexible set up in place we simply did not have to cater for the same office size. We have a more agile workforce, which plays key with current Corona working conditions," says Sirp de Wit.
"You should see your office as a pub, or coffee store. You don't go to the pub every day. But the variety of working sometimes from home and sometimes in a social environment where you meet others gives you flexibility and freedom. Some people want to work in the evening or very early in the morning. Then they just have to be able to do that and with the remote set up everyone can decide for themselves. Most important that the job gets done. So, if the right expectations and goals are set, and you have the right people who fit that culture, the trust will be fully there, and you will be able to deliver on par or better than before."
It is expected that more iGaming firms will follow suit and be more flexible with the workforce. With today's technology this is more than possible. Therefore, it will only be a matter of time before the Maltese real estate market will shrink after years of booming growth.
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