REG - CLS Holdings PLC - CLS leases 29,816 sf for 10 years at Fetter Lane

CLS HoldingsAnnouncement

09/01/2025 07:00

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RNS Number : 6376S  CLS Holdings PLC  09 January 2025

 
PRESS RELEASE

 

Release date:                09 January 2025

Embargoed until:           07:00 am

 

 

CLS Holdings plc ("CLS" or the "Group")

CLS leases 29,816 sq. ft for 10 years at Fetter Lane, EC4

 

 

CLS is pleased to announce a 10-year lease with law firm, Signature Litigation
LLP ("Signature"), for 29,816 sq. ft (2,770 sqm) of office space at 138 Fetter
Lane, London EC4A 1BT. The letting was completed at 2.3% above latest
estimated rental value ("ERV").

 

138 Fetter Lane is a mixed-use property located in the heart of Midtown in
central London. It is in close proximity to the Royal Courts of Justice and
the Rolls Buildings and is ideally placed for firms operating within the legal
sector.

 

The office space at Fetter Lane was comprehensively refurbished in 2014 which
included adding additional office space to the existing building whilst
respecting the sensitive nature of its location next to Kings College Library
and St Dunstan's Church. Following completion of the refurbishment, Signature
initially took 10-year leases of the Courtyard and 1(st) Floor with the Ground
and 2(nd) Floors being let to the other occupiers.

 

As part of their plans to expand, Signature have now agreed to take a 10-year
lease over the entirety of the office space from June 2025. This will see
Signature double their space and allow them to apply their own branding to the
building. The building has an EPC rating of B and a BREEAM rating of Very
Good. It also benefits from various staff amenities and an attractive
reception sitting behind a prominent façade on Fetter Lane.

 

Fredrik Widlund, Chief Executive Officer of CLS, commented:

"We are delighted to announce this significant lease agreement with a
long-standing customer. The deal reaffirms CLS commitment to supporting our
customers in expanding their businesses by providing modern, sustainable
office accommodation in attractive locations.  We very much look forward to
continuing our relationship with the Signature team and wish them well with
their future strategy."

 

 

-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

 

Panmure Liberum

Jamie Richards

David Watkins

+44 (0)20 3100 2000

 

Berenberg

Carl Gough

Harry Nicholas

+44 (0)20 3207 7800

 

Edelman Smithfield (Financial PR)

Alex Simmons +44 7970 174 353

Hastings Tarrant +44 7813 407 665

cls@edelmansmithfield.com (mailto:cls@edelmansmithfield.com)

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