Workspace Group PLC Planning Consent (9501L)
October 07 2016 - 1:00AM
UK Regulatory
TIDMWKP
RNS Number : 9501L
Workspace Group PLC
07 October 2016
7 October 2016
WORKSPACE GROUP PLC
WORKSPACE GRANTED PLANNING CONSENT IN HACKNEY
Workspace Group PLC ("Workspace"), home to London's New and
Growing Companies, is pleased to announce it has been granted
planning permission for the redevelopment of Mare Street Studios in
Hackney.
Mare Street Studios is situated less than 200 metres from London
Fields train station, providing a direct link into Liverpool
Street. The site currently consists of 38,000 sq. ft. of office and
light industrial space and was valued at GBP9.4m at March 2016.
Workspace has been granted planning consent to refurbish the
site, upgrading the existing space and adding a rooftop extension.
The new 55,000 sq. ft. business centre will contain all the
attributes that characterise Workspace's offer, including a café,
meeting rooms, co-working space, cycle storage and showers and
communal breakout areas.
Commenting on the announcement, Jamie Hopkins, Chief Executive
of Workspace, said:
"Hackney has become a very attractive area for our customers and
we are delighted to have achieved planning consent to create a new
business centre that will meet the demand in this exciting
location. We continue to deliver on our pipeline of refurbishment
projects to upgrade the quality of our portfolio and add superior
value to shareholders over the long term."
Ends
For Workspace media and investor enquiries, please contact:
Workspace Group PLC 020 7138 3300
Clare Dundas, Head of Corporate Communications
Bell Pottinger 020 3772 2562
Victoria Geoghegan
Nick Lambert
Elizabeth Snow
Notes to Editors:
About Workspace:
-- Workspace is a FTSE250 property company and
has been listed on the London Stock Exchange
since 1993
-- Workspace owns and manages over 65 properties
across London and is home to some 4,000 new
and growing companies
-- Workspace provides the right properties in
the right locations to attract its customers
and the right services to retain them and help
them grow
-- Workspace is growing through deep market knowledge,
operational excellence and strong customer
relationships
-- For more information on Workspace, please visit
www.workspace.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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