CLS leases 12,052 sqft at Artesian, Prescot Street

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/ 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

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

[phone]

Media Contact:

Edelman Smithfield (Financial PR)

Alex Simmons 

[phone]

Hastings Tarrant

[phone]

[e-mail]

Broker Contacts:

Panmure Liberum

Jamie Richards

David Watkins

[phone]

Berenberg

Matthew Armitt

Richard Bootle

[phone]

Registered in England No. 2714781. Registered Office as above

 

END