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Morgan Pryce can confirm that Vodaphone is the latest technology giant to take space in the burgeoning Tech City project, further cementing the areas growing reputation as a “must have” location for media savvy companies in East London.
“Vodafone is delighted to confirm its intention to set up a new R&D and incubation centre in Tech City,” said Siavash Alamouti, Vodafone Group research and development director. “This exciting new centre will build on our existing Vodafone xone facility in Silicon Valley, giving cutting-edge British high tech start-ups access to the expertise and global reach of Britain’s largest ICT company.”
David Perrins of Morgan Pryce commented “this is another example of how large companies are committing to the Tech City project and why smaller companies looking to relocate to Shoreditch office space are becoming more and more aggressive in what they are prepared to pay to be located in this area. We are finding that deals are becoming increasingly competitive and difficult to close and inside knowledge of the market is essential to get a deal done”
David Perrins is a Director of Morgan Pryce and specialises in placing clients in Shoreditch Office Space.