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Munich, October 2, 2026 – Bayerische Hausbau Real Estate, in collaboration with Infinitspace, is set to launch a new flexoffice concept in the heart of Munich’s pedestrian zone. This strategic move, operating under the brand ‘Levl’, aims to address the growing demand for flexible office and workspace solutions amidst changing market conditions and increasing vacancies in traditional office spaces.
Bayerische Hausbau Diversifies Portfolio with ‘Levl’ Flexoffices
Bayerische Hausbau Real Estate (BHRE) is diversifying its business model by venturing into the flexible office market. The new brand, ‘Levl’, will manage and operate flexible office and workspace environments, offering adaptable solutions to businesses and individuals. This expansion comes at a time when the traditional office market is experiencing significant shifts, prompting real estate companies to innovate and adapt.
According to Alexander Heintze of Immobilien Zeitung, the first joint location with Infinitspace is scheduled to open in October in Munich. This partnership leverages Infinitspace’s expertise as a flexworkspace provider, combining it with Bayerische Hausbau’s established presence in the real estate sector.
Addressing Market Changes: Vacancies and Evolving Demands
The decision to launch ‘Levl’ is a direct response to the altered requirements for office spaces and the rising vacancy rates observed in the market. The COVID-19 pandemic significantly accelerated the shift towards hybrid work models and a greater need for flexible, on-demand office solutions. Companies are increasingly seeking workspaces that can be scaled up or down quickly, without the long-term commitments associated with conventional leases.
This trend has put pressure on traditional office landlords, leading to increased vacancies. By offering flexible office solutions, Bayerische Hausbau aims to tap into this evolving market segment, providing businesses with the agility they need in a dynamic economic landscape.
Infinitspace Partnership and Market Context
The collaboration with Infinitspace is a key component of Bayerische Hausbau’s strategy. Infinitspace, an established player in the flexworkspace sector, brings valuable experience and operational know-how to the partnership. This synergy is expected to facilitate the successful launch and operation of the ‘Levl’ flexoffices.
The flexible office market itself is experiencing competitive pressures. Cushman & Wakefield (C&W) recently reported a decline in offering prices for flexible office spaces, with ‘Hot Seats’ seeing a 2% reduction and ‘Fixed Desks’ nearly 5%. This indicates a market where providers are adjusting pricing to attract tenants, highlighting the importance of a well-differentiated and value-driven offering like ‘Levl’.
Munich’s Flexoffice Landscape
Munich, a major economic hub, is a strategic location for this new venture. The city’s robust business environment, coupled with a growing number of startups and technology companies, creates a fertile ground for flexible workspace solutions. The pedestrian zone location offers excellent accessibility and amenities, making it an attractive option for businesses seeking a central and dynamic work environment.
Infinitspace is also expanding its footprint in Germany, with a second location recently opened in Berlin, as reported by Aura Jakste. This broader expansion by Infinitspace underscores the increasing demand for flexible workspaces across key German cities.
Impact on the Real Estate Market
The launch of ‘Levl’ by Bayerische Hausbau Real Estate signifies a broader trend in the commercial real estate market, where traditional developers are increasingly integrating flexible workspace models into their portfolios. This adaptation is crucial for remaining competitive and relevant in an era of rapidly changing work habits and economic uncertainties.
The success of ventures like ‘Levl’ will likely influence future real estate developments, pushing towards more adaptable, amenity-rich, and service-oriented office environments. It also highlights the importance of strategic partnerships between established real estate firms and specialized flexworkspace providers to navigate the complexities of this evolving market segment.
As the first joint location opens in October, the performance of ‘Levl’ in Munich will be closely watched as an indicator of the potential for traditional real estate companies to successfully transition into the flexible workspace sector.
