April 4, 2018 | Europe’s co-working and co-living space company rent24 announced late last month that it would be opening its first location in Tel Aviv this coming summer, with a site that will offer offices, conference rooms, an event hall, a lounge, and a 400 square meter roof terrace with a wide view of the city from an office tower on Eliezer Kaplan street. The Berlin-founded company, with 24 locations in 4 countries worldwide, is a rival to Israeli-co-founded giant WeWork, which has six locations in Tel Aviv alone (and 10 total in Israel). Robert Bukvic, founder and CEO of rent24, said in a statement that the expansion into Israel was an important step for the company,“The Israeli start-up scene is booming. As one of the most important economic centers in the Middle East, Tel Aviv is a logical hub for us. From here, we want to roll out the rent24 concept to all of Israel and offer a creative and inspiring working environment to both freelancers and companies, from start-ups to corporations.” Users of rent24’s services are able to use the companies facilities in all 24 of its locations worldwide. The company also offers additional services like coliving and an on-site gym. “Our aim is to create the ideal environment for a productive working day – we want our members to enjoy going to work each day,” said Bukvic.
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