Coworking operator Spaces continues German expansion

Coworking operator Spaces continues German expansion

CA Immo has signed a lease with the global coworking provider Spaces for the ONE office and hotel tower currently under construction. Spaces will rent around 6,880m² of office space spread over five floors at ONE, which comprises over 43,000m² of office space in total. Designed by the Frankfurt architects Meurer Generalplaner, ONE totals 66,300m² of gross floor area (GFA) spread over 49 floors. Completion of the building is scheduled for early 2022, with CA Immo’s total investment in the 190-metre-high tower amounting to around €350m. 

 

Michael J. Morgan, Managing Director of CA Immo Deutschland and Head of Business Operations: "The signing of the lease with Spaces marks the next conceptual milestone for ONE. Users and their needs are the main focus here: communication, exchange, urbanity and a wide range of services are the leitmotifs of our development, hence we are not just uniting several public and private uses under one roof, but dovetailing them with one other. Today's generations of employees now want to see the qualities available to them in their personal lives in a professional context. Modern office spaces that are geared towards communication and collaboration and which provide a wide range of services in the office building are therefore becoming an essential criterion when choosing a workplace." 

 

Stefanie Lurken, Spaces Country Manager: "ONE represents the ideal platform for us to implement our concept: located at the intersection of the trade fair and the banking district, with the Lifestyle Hotel nhow integrated into the building as well as the public spaces, including the café on the ground floor and the sky bar, it is a perfect fit for our international target group. The pay-per-use concept of Spaces addresses primarily innovative entrepreneurs and companies that do not want to spend time organising office space but are seeking attractive, design- and communication-focused workplaces for themselves or their employees." 

Related News