Matthew Moulding who founded THG has confirmed that he has overseen the sale of Icon Business Park which comprises of a 1m sq.ft. campus occupied by THG, and owned by Moulding Capital, for c.£180m.
Moulding commented about the transaction on LinkedIn saying: “Almost 7 years since the first ideas for the site came to mind, our campus is now a hive of activity, 2000 jobs have been created, bringing c£150m-£200m of annual income to the region.
“And so, with the global property market stable once again, I agreed to sell the campus, which will continue to be home to THG for many years to come.”
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