Polyteck announces multimillion pound investment into MetSpace
The company is determined to strengthen its commercial office portfolio
Construction and facilities management organisation, Polyteck, has announced a multi-million-pound investment into managed office solutions provider, MetSpace.
The venture comes as part of Polyteck’s continued drive to strengthen its commercial office portfolio.
MetSpace works across real estate to provide high quality turnkey solutions, enabling landlords far wider access to the occupational market and significantly greater revenue generation.
While MetSpace currently operates from 31 sites across Central London including Soho, Victoria, London Bridge, Camden and Clerkenwell, the company has aggressive growth plans to double in size within the next 12 months.
John Yiannakis Polycarpou, Chairman of Polyteck, said his company is delighted to be involved in MetSpace’s journey, following the significant investment 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,” he said.
Polyteck also oversees facilities management at London venues, including Manhattan Loft Gardens, Lillie Square, the Royal Exchange, Academy Gardens, and 60 Sloane Avenue.