FMJ Facilities Management magazine providing industry-specific intelligence to FM and property professionals
Polyteck has announced a multi-million pound investment into managed office solutions provider, MetSpace.
The move comes as part of the construction and facilities management organisation’s continued drive to strengthen its commercial office portfolio.
MetSpace was founded in 2018 to provide self-contained offices to companies who are looking for an all-inclusive and managed solution in the 1,000 – 5,000 sq. ft. range. It currently operates from 31 sites across central London including in Soho, Victoria, London Bridge, Camden and Clerkenwell and has aggressive growth plans to double in size within the next 12 months.
John Yiannakis Polycarpou, Chairman of Polyteck, said: “Polyteck is delighted and excited to be involved in MetSpace’s journey following the significant investment we’ve made into the business.
“We hope this investment will generate a further £5 million of additional revenue per year for us and will further solidify our presence in central London, where we are already overseeing several other high-end commercial real estate assets.”
Polyteck also oversees facilities management at London venues including Manhattan Loft Gardens, Lillie Square, the Royal Exchange, Academy Gardens, and 60 Sloane Avenue.
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