Runway East has signed a 15-year partnership lease agreement with Samsung SRA on more than 35,000 sq ft of flexible workspace at 200 Aldersgate Street in the City of London.
Runway East St Paul’s will provide workspace for teams of one to 60 people and offer private offices and managed solutions. The space will feature more than 40 meeting rooms and phone booths, double height ceilings and a premium design tailored to meet the needs of financial and professional services firms.
Natasha Guerra, founder and CEO of Runway East, said: “200 Aldersgate is one of those rare buildings that speaks for itself – scale, location and presence. This deal marks another significant step forward, not just for us but for the flexible workspace sector as a whole, as we partner with another household name, Samsung, to deliver truly best-in-class flexible workspace. It also builds on the momentum we’ve created with leading institutional landlords including ABRDN, GPE, Peer Group, Soho Estates, L&G and WPP, all of whom are embracing flex as a core part of their portfolios.”
Daniel Howard, partner at Compton, added: “Over the last four years we have been working on the repositioning of 200 Aldersgate with CBRE and Savills Investment Management to enhance the building. The final piece of the puzzle was securing an operator that could further enhance the amenity offering and overall occupier experience at 200 Aldersgate. Following a lengthy and competitive process, we are delighted to have completed a deal at the site. Runway East have built an exceptional reputation in the market and we are excited to see how they transform the space, further strengthening what is already a fantastic offering for both existing and future occupiers at 200 Aldersgate Street.”
