STRONG LETTINGS PROGRESS AT THE CENTRO BUILDINGS

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."

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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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