After the transaction concluded between Mindspace and Globalworth whereby the operator had leased 12,000 sqm of the Globalworth Campus, City Offices and Bucharest Tower Center in Bucharest, respectively, in 2018, this is the largest agreement in the co-working space sector.
Real estate consultants expect the co-working space segment to keep growing in the coming years. In the first half of 2018 alone, coworking companies leased nearly 17,000 sqm, as per a survey by real estate consulting firm Colliers.
In 2018, WeWork invested $2.5 billion in its worldwide expansion, according to Financial Times, reaching a total 640 spaces in 112 cities at the end of 2018. Overall, the company has 930,000 sqm of coworking spaces in 86 cities from 32 countries.
Forte Partners sold The Bridge project to do-it-yourself retailer Dedeman, in 2018, within the largest office space transaction on the Romanian market, valued at EUR200 million, and also holds the Stefan cel Mare Building project.