Life Science REIT has let 5,100 sq ft of fully fitted space at Rolling Stock Yard in London’s Knowledge Quarter to CFDX.
The precision neuroscience company, which uses AI to detect dementia, has signed an eight-year lease taking occupancy at Rolling Stock Yard to 100%. The 53,900 sq ft building was acquired by Life Science REIT in December 2021.
CFDX, which is paying a rent of £110/sq ft on its new office, was founded in 2023 and is expanding from the London Bioscience Innovation Centre.
Ian Harris, director of asset management at Ironstone Asset Management, Life Science REIT’s investment adviser, said: “CFDX is the latest innovative life science business to take space at Rolling Stock Yard. Demand for life science space remains resilient, but sharply focused on quality, location and the right specification. This transaction demonstrates the suitability of our space for leading life science businesses.”
Dr Hannah Madan, co-founder CFDX, added: “The Ironstone team has been fantastic, and were a key reason for our decision to move to Rolling Stock Yard. This is an exceptional location, and we are really excited about the way in which our business will grow and develop in our new London home.”
