Expedia Move to Angel Office
Located in EC1, the office space of the Angel Building has received numerous awards, including that of Refurbished / Recycled Workplace at the British Council for Offices Awards in 2011.
According to reports, Expedia will rent the office space at a cost of ┬ú3.33 million per year and occupy a total of 81,000 sq. ft. over two floors.
Advised by commercial property firm Cushman & Wakefield, the move will allow Expedia to consolidate the multiple offices it currently occupies across Central London. Speaking about the deal a representative from Cushman & Wakefield explained:
ΓÇ£The deal which involved two simultaneously transactions represents one of the largest in the West End this year. The acquisition of 81,000 ft┬▓ over two floors at The Angel will enable ExpediaΓÇÖs business to continue to grow within a single building at a significant discount (on a pro rata basis), to their current cost base in Covent Garden.ΓÇ¥
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