Liberty Property Trust : Kings Hill will enable IT company to Double in Size

Fast growing IT company Onwave has moved to Kings Hill to accommodate its expansion plans and tap into the highly skilled local labour market.

The company, which has been operating since 2008, is both an internet service provider and an independent network integrator, delivering data connectivity through single or combined services from all major networks. It serves primarily the construction, utilities, transport, retail and public sectors.

It has taken space in 2 Kings Hill Avenue and plans to double in size by the end of the year. 'We are moving to Kings Hill as we are a fast growing company and need larger, purpose designed premises to support our expansion,' said managing director Stuart Ladbrook.

'We currently employ 15 people and are expecting to grow to closer to 30 later in 2017. Kings Hill is in a prime location with a large catchment population, which will provide a suitable pool of skilled talent.

'We also chose Kings Hill because of its amenities, its accessibility to the M20 and M25 and the potential to partner, foster innovation and exchange ideas with the business community there.'

Onwave will be joining several other IT companies at Kings Hill, including Relational Database Technology, Infor Global Solutions and Version 1 Software.

'Kings Hill is well placed to accommodate growing companies because many of the buildings are owned by a single landlord, which allows us to readily move companies around the business park to accommodate their growth whilst keeping the Kings Hill address,' said Andrew Blevins, managing director of Kings Hill developer Liberty Property Trust.

Altus Group, Hanover Green and Knight Frank acted for the landlord.

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For further information, please contact:

Alison Hardy, Maxim on 01892 513033 / [e-mail]

Notes to Editors:

Liberty Property Trust UK Ltd is a subsidiary of US-based Liberty Property Trust, a Real Estate Investment Trust, listed on the New York Stock Exchange. Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 99 million square foot portfolio includes 568 properties which provide office, distribution and light manufacturing facilities to 1,200 tenants.

Liberty Property Trust UK Ltd is developing Kings Hill - www.kings-hill.com - as a rapidly growing sustainable community in line with the National Planning Policy Framework (NPPF), ensuring economic, environmental and social progress for this and future generations. Kings Hill combines commercial, residential, educational, retail, community, sports and leisure uses within 800 acres of highly landscaped low density parkland and aims to promote quality of life by providing a unique environment in which people can live, work, play and study. In addition to providing accommodation for SME's, Kings Hill also attracts significant international tenants such as Barclays, Voyages SNCF (formerly Rail Europe), Cabot Financial, Marsh, Arthur J Gallagher and Kimberly-Clark.

Liberty Property Trust UK and Kent County Council formed a collaborative public/private sector 'partnership' to develop Kings Hill as an exemplar mixed-use community. Kings Hill is the County's flagship development for attracting inward investment and promoting regional economic growth.