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Flexible office provider Knotel has increased its London presence to over 180,000 sq ft with three new lettings: 15,802 sq ft across three floors at 130 Jermyn Street near Tottenham Court Road, 12,102 sq ft across six floors at 1 Finsbury market and 4,036 sq ft at 1 Stephen Street in Piccadilly.
These three new deals are in addition to the 60,000 sq ft that has been taken up by the firm since November 2018.
According to the company’s founder and chairman, Edward Shenderovich: “London is an easy market for us. It has one of the largest flexible office markets in the world. People understand what we do, and they understand who our customers are.”
Meanwhile, Eugene Lee, global head of real estate and business development, said: “We’re excited to be leading the rapid growth in the flexible office market; the global trend is not showing signs of slowing down… Our expansion is driven by demand for a flexible office product from established UK companies interested in matching their real estate to their business requirements, particularly against the backdrop of an uncertain macroeconomic climate.”
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.