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Lego blocks out Brexit concerns with plans to expand London base
Danish toymaker, Lego, has announced it is increasing capacity at its London office as it eyes further growth in the capital.
The global toy brand announced today that it is to expand floorspace at its UK offices by taking two floors at 1 Plough Lane, a building adjacent to its current headquarters at New Fetter Lane 8-10.
Lego currently occupies 28,852 sq ft at the City of London building, spanning five floors and housing 275 employees in what the firm has labelled as one of its most important offices outside of its head offices in Bilund, Denmark.
Its new offices will represented a 50% increase in office capacity which Lego said will afford current employees extra space and support any potential future expansion.
John Goodwin, Executive Vice President and CFO of the LEGO Group, commented: “To make more room for our current employees working here in London as well as ensure that we have capacity for potential future growth, now is the time to expand the office.
“The continued investment in London sends a clear signal that we consider it to be a great location for us, with access to a broad pool of talented employees.”
Lego employees are expected to move into the new offices by Q4 of 2017.
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