Israel’s Ayeka to Open Five New Coworking Locations

Israeli coworking real estate company Ayeka is in initial stages of developing five new shared office locations in New York, London, Singapore, Tel Aviv, and Jerusalem, Ayeka founder and CEO Sharon Chen told Calcalist earlier this month. Ayeka plans to spend $20 million on the expansion, Ms. Chen added.

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Founded in 2016, Ayeka opened its first location earlier this year, in Tel Aviv’s southern neighborhood of Florentin. The 21,500-square-foot facility (2,000 square meters) features shared office space, private offices, conference rooms, a pool and a fitness gym.

Ms. Chen said that Ayeka offers “premium” office space, which attracts “talents” and mature startups that have already completed at least one investment round. The average monthly membership price at Ayeka’s Florentin location is $500 (NIS 1,800), and the average price for renting a desk is $740 (NIS 2,600).

Ms. Chen told Calcalist that a Jerusalem coworking space would be the first of the five new locations to be opened. Occupying a 32,300-square-foot (3,000 square meters) building, the Jerusalem office will offer amenities such as a gym, a photography studio, conference rooms, a gallery, and private suites. A second Tel Aviv location is planned to open next, in the Old North area of the city.

In August, Calcalist reported that Ayeka announced it would receive payment by bitcoin, in addition to traditional payment methods.