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    SVS   GB00B135BJ46

SAVILLS PLC

(SVS)
  Report
Delayed London Stock Exchange  -  11:35 2022-12-07 am EST
852.50 GBX   -0.70%
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Savills : Further space taken at Clifton Court in Cambridge

09/29/2022 | 07:24am EST

Tech company Tabalar has agreed to a new five-year lease and will occupy all of CC9, which comprises 2,392 sq ft of office space. Subsequently, HFS, the global research consultancy, has also agreed to a new lease for CC5b, which totals 1,600 sq ft.

Following a refurbishment and reconfiguration programme of the 28,000 sq ft office scheme, these latest lettings follow a series of successful deals and lease renewals to occupiers including Dartington Wealth, ISG and Reed. Consequently, just 3,178 sq ft remains available to let.

William Clarke, director in the business space agency team at Savills Cambridge, comments: "Situated within walking distance of the central business district and Cambridge train station, Clifton Court provides good quality, cost effective office space in a well-connected location ideal for both new occupiers. At present, there remains a lack of units under 3,000 sq ft in the vicinity of the CBD, which is why we anticipate significant interest in the last remaining space."

Disclaimer

Savills plc published this content on 29 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2022 11:23:06 UTC.


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Sales 2022 2 214 M 2 696 M 2 696 M
Net income 2022 102 M 124 M 124 M
Net cash 2022 219 M 267 M 267 M
P/E ratio 2022 12,6x
Yield 2022 3,76%
Capitalization 1 179 M 1 435 M 1 435 M
EV / Sales 2022 0,43x
EV / Sales 2023 0,41x
Nbr of Employees 39 118
Free-Float 92,7%
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John Jeremy Mark Ridley Group Chief Executive Officer & Director
Simon James Blouet Shaw Group Chief Financial Officer & Executive Director
Nicholas Ferguson Non-Executive Chairman
Stacey Lee Cartwright Senior Independent Non-Executive Director
Florence Tondu-Melique Independent Non-Executive Director
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