Market Tech positions Camden Town as London's premier coworking hub with launch of new 600 desk Atrium building
OREANDA-NEWS. Market Tech (LSE: MKT), the UK main market listed company which owns, manages and is developing a unique 15 acre estate of office, retail, leisure and living spaces centred around the iconic Camden Markets, and supported by digital technologies, announces the launch of Atrium, its second coworking office space in Stables Market. Atrium is over 60% let on opening with a strong line up of both start-up and more established tenants including Cisco Create (a division of Cisco focusing on new technologies), Fever, Osper, Inpost, Doctify and KPMG.
Located in the heart of Camden Town, Atrium provides 30,000 sqft (NIA) of flexible coworking space for a community of 600 people across a mix of private offices and hot desking areas, and on a variety of lease lengths from one to twelve months. The launch follows the successful opening of Market Tech's 260 desk, and now 90% let, Triangle Building coworking space in October 2015.
Market Tech has redeveloped the previously vacant Atrium building to the very highest specifications, with interiors designed by Tom Dixon, the acclaimed British designer whose past work includes Shoreditch House and the Mondrian Hotel, London. In addition, the building layout and internal spaces, which were designed by leading architects Barr Gazetas, are focused on true community working through expert curation of complex floor plans.
Commenting on the launch, Market Tech CEO, Charles Butler, said: "The fact that we are able to successfully launch Atrium today, our second Interchange branded coworking office space in Stables Market, with such a strong and exciting mix of established, new and progressive companies as tenants is a clear endorsement of the product we have developed and Camden's increasing reputation as one of London's premier coworking and creative hubs. It also further reflects the appetite not just of the entrepreneurial tenants attracted to our Interchange spaces, but also more broadly that of many businesses of all shapes, sizes and sectors wishing to locate in and around Camden.
"The opening is in line with our strategy to unlock the full potential of this iconic London location and drive increased revenues via an ecosystem where people can live work and play, centred around and within Camden's world renowned markets."
Investors or analysts wishing to attend the official tour of the new facilities hosted by Charles Butler at 4pm today should contact Bell Pottinger for further information.
About Market Tech
Market Tech combines the iconic Camden Market real estate assets with digital technology to deliver a living, working, retail and leisure environment. The Company owns approximately 15 acres of real estate assets in Camden, including the Stables Market; Union Street Market, (also known as Buck Street Market); Camden Lock Market; and Hawley Wharf, (formerly known as Camden Lock Village). It also owns separate real estate assets on Camden High Street; Kentish Town Road; properties on Jamestown Road, (including the Camden Wharf Building); The Interchange Building on Oval Road, Utopia Village in Primrose Hill, 1-11 Hawley Crescent 49 Chalk Farm Road and 7 Herbrand Street.
The Company owns three e-commerce businesses, referred to as Market Tech Digital. These are Stucco Media, an e-commerce marketing platform, Glispa, a Berlin-based mobile marketing business and Fiver, a B2C online fashion retailer.