Spaces has signed a lease for 9,170 sqm in Frankfurt’s Global Tower. GEG German Estate Group AG has concluded the first major rental contract for the “Global Tower” development in the centre of Frankfurt’s banking district immediately after start of construction: Spaces, a subsidiary of the listed IWG, will occupy 9,170sqm of the property in autumn 2020. The deal is the largest contract for co-working space in Frankfurt signed this year. In addition to its own offices, Spaces, which was founded by former Microsoft executive and current CEO of Airbnb Germany Andreas Schwietert, will also have offices at the new tower.
Spaces has signed a lease for 9,170 sqm in Frankfurt’s Global Tower. The deal is the largest contract for co-working space in Frankfurt signed this year. In addition to its own offices, Spaces, which was founded by former Microsoft executive and current CEO of Airbnb Germany Andreas Schwietert, will also have offices at the new tower.