Teddy Sagi’s LabTech Group plans to double the size of its real estate portfolio as it eyes expansion in Europe.
Speaking at a press briefing in Holborn, chief executive Chen Moravsky said the group would aim to expand its 2m sq ft portfolio to 4m sq ft by 2021.
As part of this, the London-based company is looking to expand into Europe – into countries such as Spain, France and Holland.
Moravsky said: “We will double our real estate portfolio in the next three years. We are looking at Europe but London will remain the hub for 80%
Want to keep your finger firmly on the pulse of global real estate?
Looking to gain award-winning insight from the industry’s trusted source of real estate intelligence?Simply register a few details with EG for your free access to our online global real estate news and complimentary digital copies of our Global, UK and London Investor Guides every quarter.