International workspace firm boosts UK growth with Soho properties

Flexible office space provider Knotel has added two London lease agreements to its growing UK portfolio.

Based in New York, Knotel specialises in flexible workspaces for professionals and businesses, and has over three million sq ft of office space across the US, UK and Europe.

The two properties in London’s Soho quarter bring the firm’s total real estate in the capital to 23,042 sq ft.

Situated at 7-11 Noel Street and 33 Soho Square, the newly acquired properties comprise four floors of office space between them.

These acquisitions form part of Knotel’s wider plan to expand its UK footprint during 2019, and follows the company taking three London properties in April this year.

Eugene Lee, chief investment officer at Knotel, commented: “Businesses in London are incredibly receptive to the flexible office offering, and Knotel can provide them with a customised, professional space upon demand to meet their global necessities.

“London is a key global hub for Knotel, and we will increase our offering there just as quickly as we have in all our markets.

“Commercial real estate is evolving rapidly, and we will support customers by aligning their real estate and business needs with the flexibility of our tailored and scalable workplace platform.”