Globalworth brings Mindspace to Romania in three of its buildings


26 June, 2018

Romania marks the 7th country in which Mindspace offers its flexible workplace solutions.

Bucharest, June 26th, 2018: Globalworth, the largest office investor in Central and Eastern Europe, has signed a lease agreement with Mindspace Ltd., the leading global operator of high-end, inspiring coworking space, to open its first locations in Romania in three of Globalworth’s buildings, for approx. 12,000 sqm across Globalworth Campus, City Offices and TCI in Bucharest.  Moreover, as part of this collaboration, Globalworth will also become a Mindspace shareholder by investing USD $10 million in the company to support its ongoing growth. 

Yotam Alroy, Co-Founder and Chief Business Officer at Mindspace, said: “Bucharest boasts one of the fastest-growing economies in Europe. With a population of almost 2 million people, and highly educated and talented workforce, we identified a strong demand of large global companies that are seeking to have presence in the city. By collaborating with Globalworth, Mindspace will be able to offer its leading high-end service in some of the market’s most desirable locations and buildings. Globalworth has a large portfolio of prime located, high quality, class-A office buildings in the country.” 

Ema Iftimie, Head of Leasing at Globalworth: “We already have a well-established partnership with Mindspace, as the company operates in our legendary Hala Koszyki property in Warsaw Poland, and today we expand our partnership in Romania. By bringing Mindspace to our buildings, we will be able to cater to a wider universe of potential tenants and their ever-changing needs. Mindspace offers a best in class flex office solutions that are well aligned with the quality and level of service that Globalworth wishes to offer its partners, we are delighted to play a role in its expansion.”

By entering Romania, Mindspace increases its portfolio to 28 locations, spanning over approximately 90,000 square meters, and enhances its offering and positioning as a leading, high quality flex-office operator in Europe and the U.S., with presence in 7 countries and 13 cities. 

About Mindspace

Mindspace is the rapidly-growing global provider of stylish and inspiring coworking space for teams of all sizes. The company operates a growing 28 spaces in prime locations across major world cities in U.S., U.K., Germany, Netherlands, Poland, and Israel.

With acute attention to detail and unwavering quality standards, Mindspace designs breathtaking workspace via productivity-enhancing offices, creative lounges, fully-equipped meeting rooms, and open plan kitchens. The diverse community of member companies delights in weekly networking events, professional meetups, and happy hours in a collaborative atmosphere.

Mindspace’s flexible all-inclusive membership options let members focus on growing their businesses while enjoying valuable benefits and discounts from global and local service providers such as Alibaba Cloud, Amazon Launchpad, and Jimdo, nearby restaurants, car rentals, hotels, gyms, and spas. Among Mindspace’s members are world-leading brands, such as Microsoft, Yahoo!, Barclays Bank, Expedia, Schwan-Stabilo, Hertha BSC, Techstars Accelerator and Startupbootcamp.

About Globalworth 

Globalworth (LON: GWI) is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market leading position in Romania, and in Poland through a majority shareholding in Globalworth Poland, a pure-play Polish real estate platform listed on the Warsaw Stock Exchange. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, through which it benefits from a strong rental income profile from high quality tenants from around the globe. Managed by approximately 110 professionals across Romania and Poland, the combined value of its portfolio is approximately €2 billion, of which over 90% is in income-producing assets, predominately in the office sector, and leased to some 440 national and multinational corporates from 28 countries and 37 different sectors. In Romania, Globalworth is present in Bucharest, Timisoara and Pitesti, whilst assets in Poland span Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice. 

About the author

Mindspace is a boutique flex space provider, presenting a global mindset with a local flavor. We serve companies in 45 prime locations across Europe, Israel and the US.

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