British Land has let 2,500 sq ft to venture builder Prosemino at its 33,000 sq ft modular lab Paper Yard scheme at Canada Water in London.
Prosemino has taken 1,800 sq ft of wet and dry lab space at the Hawkins\Brown-desgned Paper Yard, as well as 700 sq ft of office space.
Mike Wiseman, head of workspace leasing, innovation and life sciences at British Land, said: “The Paper Yard is delivering much needed, highly sustainable lab space at Canada Water to innovative and exciting brands like Prosemino, supporting their growth and evolution. It continues to attract a diverse and dynamic community of users within the building by virtue of its highly flexible modular design that can be quickly and easily adapted either in advance of, or during occupation. We are pleased to welcome Prosemino to our growing science and technology-focused workplace community at the Paper Yard, and look forward to supporting them at such an exciting time in their growth story.”
Professor Chris Howard, co-founder and director of Prosemino, added: “Prosemino is redefining the innovation process in the net-zero electrochemical space, aiming to build the industry giants of the future. Our expansion to the Paper Yard in Canada Water will catalyse our growth as this will be the first time we’ve had our own dedicated wet lab, which means that we will be able to build a much broader range of sustainable startups that require specialist wet chemistry space. The mixture of lab and office space is a major plus for us in terms of fitting our needs, while access to the shared facilities and meeting rooms in the building, the breakout space and the chemical waste facilities, were also important reasons for choosing the Paper Yard.”
Rory Paton, director – Central London leasing at JLL, which advised British Land on the letting, said: “‘We’re thrilled to welcome Prosemino to The Paper Yard and have every confidence that their business will continue to thrive at Canada Water. Specialising in clean energy technologies, they are perfectly aligned to the vision for the campus and the type of occupier that sees real benefit in committing to a development that allows them to grow and flex over time.”
Metric Real Estate advised Prosemino.
