Another Ten Years at Kings Hill
Two of the country’s leading companies in their sectors have re-committed to Kent by renewing their leases at the Kings Hill business park.
Amlin plc - a recognised leader in the London insurance and reinsurance market - has renewed its lease on 5,242 sq ft in 11 Tower View where its yacht insurance division is based.
“We relocated to Kings Hill from a High Street location in London several years ago and love it here,” said operations manager Nigel Hawkes. “We have very smart offices set in a peaceful, green location and have plenty of parking, which enables us to attract the best staff. We are looking forward to many more years here.”
Phoqus Pharmaceuticals Ltd has also signed for a further ten years. The company - which develops innovative and patented drug delivery systems based on electrostatic dry powder deposition technology - occupies a total of 13,458 sq ft across three leases at Kings Hill and has just renewed on 2,285 sq ft in 10 Kings Hill Avenue, one of the Flex buildings that are unique to the business park. It has invested considerable sums in state of the art laboratory equipment
“Ours is a very specialised company and we need high tech facilities as well as an impressive location to reflect our position in the market,” said Peter Johnson, chief financial officer and interim chief executive officer. “Kings Hill enables us to fulfil this which is why we have committed to a further period here. As the company has expanded we have been able to grow accordingly and now have three contiguous premises on site.”
Andrew Blevins, managing director of Kings Hill developer Liberty Property Trust UK Ltd said that both companies were prime examples of how Kings Hill can provide office space to suit a business’s requirements as it grows. “I am delighted that two such high profile companies have decided to remain at Kings Hill,” he said.
Knight Frank, CB Richard Ellis and Edwin Hill acted for Liberty Property Trust UK Ltd.
GVA Grimley acted for Amlin.