CLS Holdings PLC
14 April 2003
Embargoed: 0700hrs, 14 April 2003
CLS HOLDINGS PLC ('CLS')
MAJOR OFFICE LETTINGS AT COMPUTER HOUSE,
GREAT WEST ROAD, BRENTFORD, WEST LONDON
CLS is pleased to announce three significant lettings totalling 4,452 sq m
(47,940 sq ft) of office space at Computer House.
Allianz Cornhill Insurance plc has taken the entire 4th - 9th floors, totalling
2,973 sq m (32,004 sq ft). The offices will be occupied by Pet Plan and will
form its principal London headquarters.
Steria Ltd, a subsidiary of Bull Information Systems Ltd, has taken the entire
1st and 2nd floors, totalling 986 sq m (10,624 sq ft).
Cara Information Technology Ltd has taken a lease of the 3rd floor comprising
493 sq m (5,312 sq ft).
In each case new 10 year leases have been granted (save for the lease of the 2nd
floor which expires in December 2003) and the rents achieved are in the order of
£183 per sq m (£17 per sq ft).
Only the top two floors now remain, namely the 10th and 11th, which provide a
total of 859 sq m (9,250 sq ft). Both floors offer spectacular views. Hodnett
Martin Smith are letting agents for CLS.
Executive Chairman, Sten Mortstedt, said:
'This is very good news for the Company. That we are able to secure such
significant lettings in these competitive markets is, I believe, a reflection of
CLS's continued strength in both the UK and European property markets'.
-ends-
For further information, please contact:
Sten Mortstedt, Executive Chairman
Tom Thomson, Vice Chairman & Acting Chief Executive
Kevin Chapman, UK Property Director
CLS Holdings plc
Tel. +44 (0)20 7582 7766
www.clsholdings.com
Adam Reynolds / Ben Simons
Hansard Communications
Tel. +44 (0)20 7245 1100
This information is provided by RNS
The company news service from the London Stock Exchange
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