TSP sells King's Cross office property for €19.2m (GB)

TSP sells King's Cross office property for €19.2m (GB)

TSP has sold 30 Lighterman, a commercial office space in King’s Cross, to a private investor in December 2022, in a €19.2m (£17m) transaction. 30 Lighterman is a 100 years old circa 15,000ft² Victorian warehouse, transformed into one of London’s most sustainable commercial office spaces. 30 Lighterman is rated BREEAM Excellent for its environmental credentials and achieved carbon neutral status.


TSP acquired the asset in 2019 for €13.5m (£12m) with the aim of creating a smart, prop-tech-enabled office building, located on Wharfdale Road close to the new Google campus under construction. The company carried out a sustainable refurbishment which achieved BREEAM Excellent, bringing the building to an EPC B from D energy efficiency rating.


The refurbished smart workspace attracted fintech and AI companies as tenants and set new records in the local rental market for its sustainable features; these achievements were recognised at the EG Awards 2022 with the ‘Best Workplace Award’ and the ‘EG Tech Award’.


Zac Goodman, CEO and founder of TSP, said: “30 Lighterman is a testament to TSP’s latest innovative thinking and delivery in sustainable office design. The transformation of this 100-year-old building into a smart office building is proof that if you push the boundaries of sustainability and workplace experience management, there is plenty of opportunity for growth and value-add in the office market. We are keen to invest back into the market and believe that the best businesses will remain hungry for the best space in London.”


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