Sagi’s LabTech to double portfolio in next three years

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%