INDUSTRY NEWS

Sainsbury’s scrap plans to relocate office space

The UK headquarters of Sainsbury’s is now staying put after plans to relocate to Kings Cross were discarded. According to just-food.com, the company could not find tenants for their current London office space.

The retailer has now given the green light to the developers of the £2bn Kings Cross scheme to remarket the 250,000 square foot commercial space, where its new office was supposed to be located.

Sainsbury’s originally announced the move to Kings Cross in 2007 to reduce rent costs, as well as offer more environmentally friendly office space than their current location in Holborn.

A spokesperson for Sainsbury’s commented: “It is still our intention to move from our Holborn store support centre but this depends on finding suitable tenants for our offices. In the meantime we’ve agreed with the developers at Kings Cross that they can market the unit to other potential occupiers.”

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