UK: Flexible workspace provider Industrious has taken more than 70,000 square feet at Royal London Asset Management Property’s 131 Finsbury Pavement scheme.
The site, which was formerly occupied by WeWork, overlooks Finsbury Square. It is fully furnished and provides a variety of workspace options including hot desks, dedicated desks and private offices.
On-site amenities include an arcade room, brainstorming room, event space, bike storage and showers.
Industrious will retain some of the building’s existing tenants and incorporate its own branding while upgrading the building.
Sam Beldam, asset manager at Royal London Asset Management Property, said: “We are really looking forward to working with Industrious at 131 Finsbury Pavement and transforming it into an improved and successful modern service offering. Royal London Asset Management Property is pleased to support Industrious’ European expansion plans and excited to grow our exposure to this evolving sector of the office market.”
Tom Redmayne, managing director and head of Europe at Industrious, added: “We are incredibly excited to open our latest Industrious at 131 Finsbury Pavement as we look to double down on London as a core part of our European network strategy. Royal London Asset Management’s building will greatly complement our existing City locations at 70 St Mary Axe and 77 Coleman Street, that have been two of our top performing units globally, and allow us cater to the pent up flex demand that we are seeing in the market from both local and global businesses.”
