Pearson Secures IK Partners as New 80 Strand Subtenant
LONDON – 14 October 2022: Pearson, the world’s leading learning company, today confirms that it has secured European private equity firm, IK Partners as a subtenant at its global headquarters on 80 Strand, London. IK Partners, which was represented by property consultancy Carter Jonas, will be taking c.14,000sq ft which is part of level 8 of the building.
Pearson now occupies one floor of the building that has been transformed into a more modern, collaborative space to support the flexible working needs of its employees. It is looking forward to announcing further sub-tenants in the coming months.
Mundy Miller, VP, Global Head of Property & Workplace, at Pearson commented: “This is a good sign for the Central London occupier market and the economy in general, we are delighted to have IK Partners join the 80 Strand family. This new letting shows that the building is being held in high regard and an improving office market, as we continue to see strong interest in the remaining space.”
In an extensive refurbishment completed in summer 2022, 80 Strand offers contemporary office space with an emphasis on high-quality amenities and best-in-class technology. Spanning multiple floors, c.152,000 sq ft of the building is now already let or under offer leaving c.110,000 sq ft of Grade A space available from Pearson.
The subtenancy arrangement with IK Partners has been led by its joint global real estate advisors, CBRE and Gryphon Property Partners. See more of 80 Strand via Instagram (www.instagram.com/80strand) and its website (https://80strand.london).
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About IK Partners
IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €14 billion of capital and invested in over 170 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikpartners.com.
About Pearson
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us pearsonplc.com.
Contact
Vidya Verlkumar, IK Partners, [email protected]
Joe Wiggins, Pearson, [email protected]