Online travel company Expedia appears close to agreeing an
expansion at the Angel Building in Clerkenwell, EC1; in preference to a search
for new headquarters that had been ongoing.
Expedia already occupies 81,260 sq ft in the building, which will increase by 115,000 sq ft if the proposed deal goes ahead for it to take over the lease currently held in the building by Cancer Research, which is thought to be looking at new premises in Stratford, E20.
In other news, ITV is set to stay on at its London Television Centre office in SE1 and cancel its 300,000 sq t requirement. It will now look for a 10 year 100,000 sq ft lease as a temporary base while its headquarters is redeveloped.
