A London-based property firm has expanded its portfolio with the acquisition of a serviced office specialist with sites in London and Leeds.
Inc & Co Property Group, the sister company of Inc & Co, has acquired property firm Prospect Business Centres as part of its ongoing growth.
Prospect Business Centres provides over 1500 desks across seven central locations in Leeds and London, with features such as communal meeting rooms, serviced receptions, showers, cycling storage facilities, lounge areas and roof terraces.
The deal follows sister company Inc & Co’s recent acquisitions of several digital agencies including Brass, Neon, Cuhu and Laundrapp as part of its expansion plans.
Jack Mason, Group CEO at Inc & Co Property Group, commented: “This is such an exciting time for the property development scene and we’re really pleased to be able to bring Prospect Business Centres into the group.
“By bringing these offices under the Inc & Co umbrella we can offer a strong proposition to our clients and teams.
“We’re planning on investing in modernising all the interiors to offer new, innovative contemporary working spaces that meets the growing needs of our customers. We’ll also be rebranding the centres in order to bring them under the Inc & Co umbrella.”
Charles Cudworth, MD of Prospect Business Centres, added: “The team and I are extremely excited to become part of the Inc & Co family.
“We know this acquisition will be the catalyst to enable us to provide a unique quality of product and service in our existing locations and planned new locations coming soon.”
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