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Billionaire’s PropTech Enterprise Unveils New Co-Working Hub

Billionaire s PropTech Enterprise Unveils New Co Working Hub

In a strategic move set to redefine urban workspaces, an esteemed PropTech firm has unveiled its latest co-working hub in the bustling heart of London.

This significant addition in Holborn is part of a £3 billion portfolio by the Israeli billionaire and Camden Market proprietor, Teddy Sagi. The development is poised to further transform the city’s landscape.

An Innovative Urban Community in Holborn

LabTech’s latest announcement marks a pivotal step in creating a cohesive urban community within the Holborn district. This development is located strategically mere metres from Hogarth House, a previously launched property, and precedes the opening of LABS House set for September.

The firm’s second venture on Southampton Place integrates 7,900 square feet within a Georgian Grade II-listed building, promising to blend historical charm with modern functionalities, enhancing the work-life balance for its occupants.

The Vision Behind LabTech

Chen Moravsky, CEO of LabTech, emphasises the firm’s unique capability in outright building procurement followed by technological integration to rejuvenate these spaces. This approach pioneers a new ecosystem tailored for work and life.

LabTech provides an extensive in-house tech team ensuring round-the-clock support, business insights through robust management software, and personalised platforms for social interactions. Such amenities underline the company’s commitment to nurturing and entertaining its members.

Autonomy and Infrastructure Ownership

LabTech’s complete ownership of its properties affords significant autonomy, allowing bespoke delivery of services that perfectly align with community needs.

Utilising pioneering technology, LabTech extends its solutions for other major UK businesses. This expansion reflects its overarching aim to influence broader commercial landscapes through innovation.

Notably, Teddy Sagi, the owner, has vested his vast technological expertise and resources to establish LabTech as a formidable player in London’s property scene.

Future Plans and Developments

In a forward-thinking move, LabTech has publicly declared its intent to expand into Kings Cross. Scheduled for a 2019 launch, this development will combine residential and commercial properties, signalling a robust growth strategy.

This expansion indicates a commitment not only to growth but also to creating multifunctional spaces that cater to diverse needs.

The Strategic Significance of Location

Holborn, renowned for its historical and economic significance, serves as a strategic location for LabTech’s new hub, solidifying the firm’s influence in central London.

The vicinity’s rich cultural and business environment complements LabTech’s aim of fostering vibrant, sustainable communities.

Locations like Camden Market and Sicilian Avenue, already within Sagi’s portfolio, further illustrate the strategic foresight in site selection.

Technological Integration and Member Services

LabTech stands out for its seamless integration of advanced technology within its properties. This innovation not only enhances operational efficiencies but also enriches tenant experience.

Members benefit from tailored social events and continuous technical support, which are thoughtfully designed to meet the evolving demands of modern professionals.

In Summary

In conclusion, LabTech’s strategic expansions and innovative approaches continue to redefine the co-working landscape in London.

The firm’s focus on community-driven spaces, enhanced by cutting-edge technology, sets a new benchmark in the property tech industry.


LabTech’s holistic approach to urban property management positions it as a leader in the PropTech industry. Its strategic investments and innovative practices promise to reshape the future of work and living spaces in London.

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