Bryan Cave Leighton Paisner advised Instant Offices GmbH on the lease of over 8,500 square meters of office space and the provision of this space to a global technology company seeking to expand its corporate presence.
More than 500 employees will begin working in the coming months in the modern office accommodation within this Grade A office tower near Checkpoint Charlie in Berlin’s Mitte district. Offering a flexible solution, Instant Offices offers occupiers the space with a “managed office” service package provided as a bespoke plug & play concept. All typical investment expenditures are paid by Instant Offices and then recharged with the rent.
The provision of the new office spaces takes place in two phases. The first phase was already completed three weeks after the signing of the lease agreement, and the space was handed over for occupation at the end of February. This accommodation houses 150 work spaces which are distributed over two floors. Instant Offices will carry out other tenant fit-out measures so that the tenant may occupy the additional floors in the third quarter of this year.
The Instant Group was founded in 1999 and develops innovative workspace concepts for its customers with a focus on increased flexibility, lower costs and operational performance improvement. The company in the market leader in the segment of flexible workspace solutions. The company employs ca. 250 experts deployed around the world in London, Newcastle, Paris, Berlin Haifa, Istanbul, Dallas, New York, San Francisco, Hong Kong, Sydney, Singapore and Kuala Lumpur and advises clients in over 150 countries.
Instant Offices called on an established and experienced team from BCLP comprising the lead real estate and corporate finance partner Dr. Albrecht von Breitenbuch (Picture) and the Berlin based real estate senior associate Dr. Ruben Pisal for comprehensive legal advice.
Involved fees earner: Ruben Pisal – Bryan Cave Leighton Paisner; Albrecht von Breitenbuch – Bryan Cave Leighton Paisner;
Law Firms: Bryan Cave Leighton Paisner;
Clients: Instant Offices;