03/12/2011

Nokia close to vacating 250,000 sq ft Farnborough campus

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Nokia is reportedly close to signing a 60,000 sq ft lease on Two Kingdom Street at London’s Paddington Central at around £57.50 per sq ft.

As reported in W&I news back in Aug Nokia want to downsize from its 250,000 sq ft Southwood Campus located between Fleet and Farnborough, Hampshire, and begun a search for a new HQ back in July. The closure of the Southwood Campus is likely to be done done in stages and is believed to be completed in December 2012.

Source – Property Week 2/12/11