SOK, Russia's second-largest coworking network, has launched its second complex in Israel, in the MILLENNIA project in Rishon Lezion. The new facility spans approximately 7,000 sqm, with an investment of about 30 million shekels, offering spacious office suites, various-sized offices, luxurious meeting rooms, an auditorium, and sunlit terraces with breathtaking views.
The complex, situated over two floors (17th and 18th), covers over 3,000 sqm per floor, along with three stunning sun terraces spanning over 600 sqm each.
With an investment of around NIS 30 million, excluding rental costs, the complex has already reached an occupancy rate of over 60% for all offices and 100% occupancy for small and medium offices, with a long waiting list. Due to high demand, work on the 18th floor in the tower has been expedited, with current occupancy rates standing at 90%.
The facility's success and high demand stem from SOK's innovative approach to Rishon Lezion and its surroundings, offering a premium workspace environment in Israel. With its design, location, services, and strategic accessibility around the clock via public transportation (adjacent to the Moshe Dayan Train Station and major traffic arteries), office rentals start at NIS 1,800 per workstation, with hybrid office options available.
Alex Barafanov, CEO of the network, welcomed the launch, noting the unsurprising high demand for premium standard offices and the proactive move to expedite the 18th-floor work to meet demand. He also shared that since the opening, over 60% of companies in the complex have grown and expanded on the floor, indicating economic recovery and resilience. Currently, negotiations are ongoing with large companies, mainly from the financial sector, interested in renting the 18th floor. Barafanov further added that the MILLENNIA complex is beginning to attract high demand from financial companies and their supporters.
SOK Israel, the second-largest coworking space network in Russia, owned by entrepreneurs Igor Rivkov and Irik Eliarov, is expanding its operations in Israel due to rapid growth, selecting new prestigious locations.
Israel is the first country outside Russia where the company operates, emphasizing innovation, strategic location choices, and unique value for the company's community and partners.
SOK Israel's vision is to create professional work environments in strategic business locations worldwide, providing a holistic solution to all the needs of the hosting companies across its network sites globally. SOK's mission as an international hosting network for hundreds of leading companies is to ensure that well-planned work environments help companies and organizations achieve their business goals while maintaining a balance between work and life through motivational breaks, trips, family meals, and more.
The company emphasizes effective management of the hosted companies' resources, enabling flexibility in company growth, maintaining professionalism, friendliness, and safety for the community and the environment, primarily focusing on meeting the needs of the companies and their employees at the center.