LONDON: Workspace Group PLC, London’s leading provider of sustainable, flexible workspace, is pleased to announce it has exchanged on the sale of Rainbow Industrial Estate, a redevelopment site in Raynes Park. Workspace secured planning consent for a mixed-use redevelopment of the site comprising 224 residential units and 37,000 sq. ft. of new light industrial space.…
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Workspace buys The Old Dairy (Stapleton House) for £43.38mn
LONDON, UK: Workspace Group has exchanged contracts to acquire Stapleton House, also known as ‘The Old Dairy’, in Shoreditch, for a total of £43.38 million. The property provides 57,000 sq. ft. of net lettable space adjacent to Workspace’s business centre, The Frames, which opened in 2017 following a major refurbishment project. The Old Dairy is…
Workspace Group disposes vacant property for £92 million
LONDON, UK: Workspace Group announced the exchange of contracts for the disposal of 13-17 Fitzroy Street in Fitzrovia, for a total of £92 million. The sale of the vacant property is at a discount of 3.2% to the 31 March 2021 valuation and a capital value of £993 per sq. ft. The property currently provides…
Workspace appoints Graham Clemett as Chief Executive Officer
LONDON: Workspace Plc has announced the appointment of Graham Clemett as Chief Executive Officer (CEO) with immediate effect. Graham has been serving as Interim CEO since June 2019, when his predecessor Jamie Hopkins stepped down. Graham has been with Workspace for over 12 years, having joined the Board as Finance Director in July 2007. Daniel…