Lycamobile acquires substantial Thames Quay property in London's Docklands
The Thames Quay property group, an affiliate of Lycamobile the world's largest mobile virtual network provider, has today purchased from Gresham Real Estate Fund II Limited a 3.5 acre prime freehold site comprising four fully let office buildings in London's Docklands area.

Constructed in 1989, the freehold property occupies one of the very last prestigious waterside sites in the Docklands and comprises four fully-let buildings: Independent House, ISIS Building, Walbrook Building and 197 Marsh Wall. In total, the estate boasts a net internal area totaling 237,000 square feet.

Located approximately three miles from the City of London and immediately to the south of the Canary Wharf Estate, the property is extremely well connected with direct access to London Underground and DLR network and with the completion of Crossrail in 2016 will provide enhanced communication links to the rest of London.

Thames Quay is already home to the headquarters of Lycamobile. The rapid growth of the Lycamobile businesses and its related services including Lycafly, Lycamoney & the innovative roaming product Toggle led to the need for a significant increase in office space for its operations and management team.

Lycamobile's commitment to its ever growing customer base is such that as the company expands into further territories, so too must its capacity to continue to provide top quality support to its customers including the ongoing expansion of its multilingual customer service agents who remain in close proximity to its management team.

Commenting on the acquisition, Lycamobile Chairman Allirajah Subaskaran said:
"For many years Thames Quay has been a fantastic site from which to nurture Lycamobile's success; a foundation on which to build our international expansion. The Lycamobile brand itself is founded in a pledge to connect and fortify relationships between communities from all over the world; it's clear to see why London - the cultural hub of the world - is our natural home."
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