The King’s Cross estate has secured its first new office tenant in five years and let additional space to another occupier at 2 Pancras Square.
Parking app JustPark has signed for 7,000 sq ft in 2 Pancras Square and will relocate its staff from Kentish Town later this summer and AustralianSuper has taken an additional 15,000 sq ft on the fourth floor of the building and extended its lease, taking its total occupancy at the site to 30,000 sq ft until 2035.
Henry Shearer, head of office and investment at King’s Cross, said: “King’s Cross is a workplace destination where innovation and creativity thrive and where businesses of all shapes and sizes can connect, collaborate and grow. We are delighted to welcome this new cohort of people to the estate, who will be able to enjoy everything the estate has to offer, from our all-year-round events and enlivenment programme to the diverse food, leisure and wellbeing offer.”
Lina Margolin, chief operating officer at JustPark, added: “After a comprehensive search for new office space, we were impressed by the quality of the workspace and amenity on offer at 2 Pancras Square, as well as King’s Cross’s connectivity to the rest of London and across the UK. The space will provide us with a location in central London, allowing us to attract and retain talent as we grow our global business. We love the curation of the estate and everything it has to offer our workforce and we are looking forward to meeting other like-minded people and businesses.”
Damian Moloney, deputy chief investment officer and head of international for AustralianSuper, which is a majority shareholder in the King’s Cross estate, said: “We are very pleased to expand our office footprint and extend our lease at the King’s Cross Estate. King’s Cross has been our London base for the past six years, supporting the growth of our UK and European operations. Extending our commitment to the building reflects both our satisfaction with the estate and our long-term commitment to its continued development.
“With our London office expected to grow to approximately 300 team members by 2030 – aligned with AustralianSuper’s global growth strategy and our deepening investment in the UK market – the additional space and enhanced amenities at King’s Cross will be instrumental in supporting our growth. This will help us attract top talent and continue delivering strong, long-term returns for members.”
