PRESS RELEASE
Release date: 07 August 2024
Embargoed until: 07:00 am
CLS Holdings plc ("CLS" or the "Group")
CLS leases 12,052 sq. ft at Artesian, Prescot Street
CLS announces that Médecins Sans Frontières (UK) has exchanged an agreement for a 10-year lease at Artesian, 9 Prescot Street to occupy 12,052 sq. ft (1,120 sqm) on the fifth floor. It is anticipated the lease will commence in December 2024 following the completion of fitting out works to be undertaken by the Landlord.
The Artisan https://theartesian.london/ has been sensitively refurbished by CLS to retain many of the building's 1930s Art Deco features and offers up to 91,000 sq. ft of premium office space, arranged over eight floors. The property offers 3,500 sq. ft wi-fi enabled reception / café space with on-site barista and boasts a 4,500 sq. ft roof terrace with panoramic views across London and is rated EPC A and a target BREEAM Excellent rating. The property is located in the areas of Aldgate and Whitechapel, which offer an eclectic mix of restaurants, bars and cafés - as well as a celebrated cultural destination including the Whitechapel Gallery.
Fredrik Widlund, Chief Executive Officer of CLS, commented:
"We are pleased to announce that Médecins Sans Frontières (UK) has signed an agreement for Lease for the fifth floor of the Artesian. CLS has worked hard to sensitively refurbish the space to retain many of the building's Art Deco features, whilst ensuring that it offers high quality, modern and sustainable working spaces and amenities within. The property is located in the Aldgate and Whitechapel area, which is a vibrant area which has undergone a lot of development recently. Conversations with other potential tenants continue, and we are hopeful to secure more leases in the months ahead."
-ENDS-
For further information, please contact:
CLS Holdings plc
(LEI: 213800A357TKB2TD9U78)
Fredrik Widlund, Chief Executive Officer
Andrew Kirkman, Chief Financial Officer
+44 (0)20 7582 7766
Media Contact:
Edelman Smithfield (Financial PR)
Alex Simmons
+44 7970 174 353
Hastings Tarrant
+44 7813 407 665
cls@edelmansmithfield.com
Broker Contacts:
Panmure Liberum
Jamie Richards
David Watkins
+44 (0)20 3100 2000
Berenberg
Matthew Armitt
Richard Bootle
+44 (0) 203 207 7800
Registered in England No. 2714781. Registered Office as above
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