Why rent commercial real estate in Tel Aviv?
Tel Aviv lies on the shores of the Mediterranean Sea and is the center of the economic life of Israel. This city is the leading Israeli wholesale and retail trade center and the key transport hub.
Tel Aviv is one of the world’s best cities for launching a new company and a place where new ideas are continuously generated. Commercial real estate in Tel Aviv, especially offices, are very popular among local people and foreigners. One more reason for this is that Tel Aviv is one of the most successful startup ecosystems, having just taken fifth place in the world and the first one outside of the United States for the number of startups. .
To meet the burgeoning demand for the commercial real estate, the city is continually evolving. Now more than 670 thousand square meters of commercial spaces are on different stages of construction in Tel Aviv. This is about 14% of all high-quality offices in the city. Such a sharp increase in the volume of the commercial real estate development is due to the need for modern offices in the IT sector. Besides, the plans of Israel government to transform the Negev desert into a new business center of the country can increase the supply of high-quality workspaces in the capital in the long run. Deutsche Telekom, Elbit Systems, and Oracle offices have already moved to the city.
The best place for startups
There are no doubts that Tel Aviv is an alpha business city. The concentration of enterprises here is the higher in comparison with other Israeli areas. The most active Israeli Startup City project (“Startup City”) played an enormous role in this process. The technology environment for startup support is based on an open, informal and public business culture supported by a large number of incubators and accelerators and fueled by outstanding talents by a team of bright, well-educated, motivated youth, designers, and finance and marketing professionals. Tel Aviv is a place of integrated cooperation complemented by continuous informal networking activities that facilitate the exchange of information and resources.
No atter what type of commercial spaces in Tel Aviv you need – you can find exactly what you need on our website. Serviced offices and coworking spaces offer their flexibility and many other advantages to take your company to a new level of success.