Tel Aviv’s Nitsba Tower for a period of 5 and a half years for NIS 17 million (approximately $4.81 million). The coworking space is designed to host some 500 members, Barafanov said. The company intends to open an additional five coworking locations in Israel over the next three years, spanning a total of 20,000 square meters. The company is currently scouting additional locations in Tel Aviv, Jerusalem, central Israeli town Petah Tikva, and Be’er Sheva in Israel’s southern region.
Russian co - working firm plc is expanding abroad , opening a 3,060 sqm , 500-seat space in zur Aviv ’s Nitsba Tower . Russia 's second - largest multi - workspace operator , SOK plans to open a further five locations in Israel over the next five years . The company , which is owned by billionaire mark Rybakov , considered several options for its international expansion and decided upon Israel due to its fast - growing market , according to C Tech by Calcalist .