Avison Young advises Techspace on first Berlin opening

Avison Young, the world’s fastest-growing commercial real estate services firm, has advised Techspace on the lease acquisition and project management of its first Berlin tech hub.

The UK-based, co-working firm has taken a lease on 36,597 sq ft (3,400 sq m) of office space in Germany’s capital in a lease negotiated by Avison Young’s Berlin-based team, while the London team provided technical due diligence and project management support. As Techspace’s exclusive advisor for this project, Avison Young is looking forward to strengthening this close relationship as the growing firm looks to open other European hubs in the near future.

Techspace provides flexible, fully-fitted co-working space for tech startups and scaleups. Founded in 2012 and with a head office in London, the rapidly-expanding firm boasts more than 1,000 member firms.

The Berlin tech hub is due to open in Q4 2017.