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CBRE Ukraine Advises Spaces in a Lease Agreement with Innovation Park LvivTech.City

Kyiv – December 23, 2021 – CBRE Ukraine, the leading commercial real estate firm in Ukraine, is pleased to announce the completion of  leasing transaction of office space for a flexible office provider Spaces in the innovation park LvivTech.City in Lviv.

CBRE Ukraine has successfully represented the the interests of the IWG company, the world's largest provider of flexible workspace solutions. IWG network includes more than 3,300 business locations, spanning over 1000 towns and cities across 110 countries.  The new Spaces workplace become the second location in IWG flexible offices portfolio in Lviv and the fifteenth location throughout Ukraine: 12th in Kyiv, 1st in Dnipro, and 2nd in Lviv.

The lease agreement for new Spaces 2,700 sqm location in LvivTech.City was accompanied by Anastasiia Kachan, Senior Office Property Advisor at CBRE Ukraine. Spaces, the unique place created for entrepreneurs and innovators in the field, will be an accurate extension of the LvivTech.City tenant pool.

"The location chosen by Spaces company is one of the most innovative, modern and competitive projects in Lviv. The excellent location of LvivTech.City near the town center will be a new center, as well as the successful concept of Spaces coworking will attract more leading companies to become residents of the workplace. For resident companies, it would be an opportunity to get high-quality services and, at the same time, optimize their rental costs.

We are grateful for the trust placed in us by the IWG, and for the pleasant and professional process of cooperation with the Ukrainian team!" - Anastasiia Kachan, Senior Office Property Advisor at CBRE Ukraine.

"Negotiations for Spaces opening in LvivTech.City started long before COVID-19. Although the commercial real estate market is going through a challenging time, we have seen an increased interest in the flex Spaces offices, featuring its pleasant democratic Scandinavian design and a friendly community of like-minded entrepreneurs. New location's atmosphere inspires creativity and new ideas, so that is an important factor for Lviv citizens who have always been distinguished by their entrepreneurial spirit and individuality.

We will create a spacious business club in Spaces with around 350 sqm, including game rooms and a variety of formats for work and meetings, as well as 4 meeting rooms and a large business lounge with access to the terrace. Along with private offices with furniture for 2 to 20 or more people, we are also planning to create a spacious coworking space for 25-30 people, that could be a convenient solution for starting a company and further moving to a private office space." - Yulia Lytvynenko, Director of IWG in Ukraine


About Spaces, IWG International Workplace Group:

www.spacesworks.com

IWG plc is the leading global workspace provider, was founded in 1989. The company have built an unparalleled network of office, co-working and meeting spaces for companies to use in every city in the world. It's a global infrastructure built for businesses to support every opportunity.

IWG plc, formerly Regus, is a multinational provider of serviced offices, business lounges and conferencing facilities. IWG brands include Regus, Spaces, HQ, Signature by Regus, and No18.

Spaces are inhabited by forward thinkers, innovators and game changers who are confident in achieving their goals. Whether you are a small business, entrepreneur or a corporate intrapreneur, at Spaces we help our community to expand their horizon. By creating dynamic workspaces with a unique and entrepreneurial spirit we help you think, create, and collaborate while our friendly team sees to all of the background logistics and services. At Spaces we make sure that our community can focus on driving their business forward.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

The Ukrainian office of CBRE was opened in January 2008 in Kyiv. Today Ukrainian office is part of CBRE's affiliate network and consists of approximately 400 professionals, including personnel at the properties under management. CBRE Ukraine provides a wide range of services in the field of commercial property: advisory and transaction services, capital markets, integrated facility management services, valuation and advisory services, project management and building consultancy, corporate facility management. Please visit our website at www.cbre-expandia.com

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