The GEG German Estate Group AG has just completed the first major lease for the Global Tower in the center of the Frankfurt banking district: the co-working provider Spaces, a subsidiary of the listed IWG (International Workspace Group), will have a total of 9,170 square meters (98,705 square feet) in the Global Tower rent and move in the fall of 2020. It is the largest co-working contract, which was completed in 2018 in Frankfurt.
Spaces provides the potential users with around 700 flexible workplaces, which in addition to jobs in the open co-working area also include individual offices and team offices. A spacious meeting and event area, the 4th floor rooftop terrace for events for up to 200 people, and the Global Forum event and conference room, which seats up to 500 people, will add to the conference offer in the city center. An integrated business club with an attached café / bistro, which serves as a central point of contact for all users, but is also open to external guests, completes the offer. The real estate broker NAI apollo acted as intermediary for the tenant and BNP Paribas Real Estate GmbH for the GEG.