Biggest office lettings deal on South Coast this year
Leading south coast business campus, Lakeside North Harbour, has bucked the national trend in office lettings, securing the biggest deal on the South Coast this year.
Portsmouth’s KINTO UK Limited, a leading fleet management provider which was acquired by Toyota earlier this year, has taken almost 22,000 sq ft at Lakeside North Harbour for a 10-year lease. The deal supports significant growth plans for the company and represents KINTO’s notable investment in the UK market.
Lakeside will serve as KINTO’s new ‘centre of excellence’ in the UK, as it joins other corporates on campus, including Checkatrade, Virgin Media, Babcock, Handelsbanken, IBM and AT&T.
Simon Bateman, Lakeside North Harbour Asset Manager, commented, “We think beyond the office at Lakeside and offer the perfect environment for forward thinking companies, particularly in the midst of the Covid-19 pandemic. KINTO wanted to find a home that it could be proud to bring customers to, and nothing on the South Coast says business like Lakeside North Harbour.”
“We understand the changing demands of occupiers and the focus that businesses have on delivering that critical work life balance for their employees. With our fantastic environment, extensive amenities, and our drive to deliver wellbeing initiatives, Lakeside is a natural fit for businesses – welcoming KINTO to campus during a pandemic is testament to that.”
Simon adds, “Our flexible A-grade office space provides the opportunity for growth – as we’ve seen with so many businesses at Lakeside who have grown together over the years. Our business community is invested in the success of others on campus, and we’re delighted to welcome KINTO into the Lakeside family.”
Matthew Rumble, CEO KINTO UK, said, “I am delighted that we have been able to secure new office space for KINTO UK Limited at Lakeside North Harbour. We have ambitious growth plans for KINTO, and the new space will provide us with the additional room we need for the future growth. It also provides fantastic facilities that all our employees and customers can benefit from. I can’t wait to open the doors and invite our customers to step inside once we’ve moved in- in a post Covid world of course.”
Tom Fux, CEO Toyota Fleet Mobility Europe, added, “I am delighted that KINTO UK has signed the lease for the new office space at Lakeside, this is a very important step for the business and the plans we have for the years to come.”
Vail Williams acted on behalf of Lakeside North Harbour to secure the deal.
Russell Mogridge, Lead Partner of Vail Williams’ Business Space Agency team, commented, “This is further acknowledgement that Lakeside is the premier Business Park in the South, offering a safe working environment for businesses that value employee welfare and customer experience.”