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REG - Workspace Grp PLC - STRONG LETTINGS PROGRESS AT THE CENTRO BUILDINGS

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RNS Number : 7324K  Workspace Group PLC  09 December 2025

9 December 2025

 

WORKSPACE GROUP PLC

 

STRONG LETTINGS PROGRESS AT THE CENTRO BUILDINGS IN CAMDEN

 

Workspace Group PLC ('Workspace'), London's leading provider of sustainable,
flexible workspace, has signed a new five-year lease agreement with the North
London NHS Foundation Trust at The Centro Buildings in Camden. The letting is
for 16,000 sq. ft. at a net rent of £45 per sq. ft. and is the latest in a
series of large space lettings completed at the Camden site, following the
vacation of WinTech earlier this year.

 

The agreement comes as Workspace has completed the refurbishment of Centro
Workshops (previously known as Atelier House), one of The Centro Buildings,
which included the creation of 40 new small units to cater for Camden's
creative and innovative SMEs. Eleven of these units are already let or under
offer - an unprecedented early level of commitment that underlines the
strength of demand for Workspace's offer.

 

Lawrence Hutchings, Chief Executive Officer of Workspace, commented:

 

"The progress we are making at The Centro Buildings is clear evidence of our
Fix, Accelerate, Scale strategy in action. The research we conducted earlier
in the year showed that Camden is a hotspot for the creators, makers,
innovators and disruptors we serve. At Centro Workshops, we have refreshed our
product and are rolling out our small-unit offer for the first time in this
market to capture that demand. The recent success we've had in letting both
small and larger spaces gives us confidence that we have the right approach to
rebuild occupancy and deliver shareholder returns."

 

 

- ENDS -

 

 

For media and investor enquiries, please contact:

 

Workspace Group
PLC

Paul Hewlett, Director of Strategy & Corporate
Development                               020
7138 3300

Clare Marland, Head of Corporate Communications
 

 

FGS Global

Chris Ryall
 
              020 7251 3801

Guy Lamming

 

 

Notes to Editors

 

About Workspace Group PLC:

 

Workspace is London's leading owner and operator of flexible workspace,
currently managing 4 million sq. ft. of sustainable space at 60 locations in
London and the South East.

 

We are home to some 4,000 of London's fastest growing and established brands
from a diverse range of sectors. Our purpose, to give businesses the freedom
to grow, is based on the belief that in the right space, teams can achieve
more. That in environments they tailor themselves, free from constraint and
compromise, teams are best able to collaborate, build their culture and
realise their potential.

 

We have a unique combination of a highly effective and scalable operating
platform, a portfolio of distinctive properties, and an ownership model that
allows us to offer true flexibility. We provide customers with blank canvas
space to create a home for their business, alongside leases that give them the
freedom to easily scale up and down within our well-connected, extensive
portfolio.

 

We are inherently sustainable - we invest across the capital, breathing new
life into old buildings and creating hubs of economic activity that help
flatten London's working map. We work closely with our local communities to
ensure we make a positive and lasting environmental and social impact,
creating value over the long term.

 

Workspace was established in 1987, has been listed on the London Stock
Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT)
and a member of the European Public Real Estate Association (EPRA).

 

Workspace® is a registered trademark of Workspace Group PLC, London, UK.

 

LEI: 2138003GUZRFIN3UT430

 

For more information on Workspace, visit www.workspace.co.uk

 

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