Leicester Mercury

Firm signs new lease on its base

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CEVA Logistics has signed a further five-year lease for its home on Ashby Business Park.

London & Scottish Property Investment Management – the asset manager for regional office investment specialist Regional REIT – said it had agreed the renewal.

Ceva is one of the world’s leading supply management companies, employing more than 5,300 people in the UK and more around the world.

It turned over more than £357 million in 2019.

In 2014, it opened a new training facility at its Leicesters­hire base.

Steven Griffiths, head of asset management at London & Scottish, said: “We are delighted to have renewed our contract with a highqualit­y client such as CEVA Logistics.

“Despite the national lockdown, companies are still taking a longterm view with regard to their office requiremen­ts, and demand for highqualit­y space remains strong.”

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