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Expedia Move to Angel Office

Expedia Move to Angel Office

The worldΓÇÖs largest online travel company Expedia is to take over 80,000 sq. ft. of office space in Central London, with the award winning Angel Building chosen as their new home.

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 £3.33 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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Author: | July 19, 2011 | 0 Comments

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