REG - CLS Holdings PLC - CLS leases 12,052 sqft at Artesian, Prescot Street

CLS HoldingsAnnouncement

07/08/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240807:nRSG4268Za&default-theme=true

RNS Number : 4268Z  CLS Holdings PLC  07 August 2024

 

 

 

 

 

 

 

 

 

 

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/ (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)

www.clsholdings.com (http://www.clsholdings.com)

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRBUGDILDGDGSL