Venue group acquires third London property

De Vere Venues is to launch its first City property this June in Canary Wharf. The property, which is being converted to a dedicated conference, meeting and training space, is De Vere Venues’ third London property. It has launched Holborn Bars and West One, near Oxford Circus, in the past two years. The group intends targeting Docklands companies for business at its new Canary Wharf venue, which will offer 12 meeting rooms, seven syndicate rooms and capacity for 300 people. De Vere Venues chief operating officer Tony Dangerfield said: “Our new venue will offer the very best meeting space in the heart of London’s new business centre, and the excellent quality and service that our discerning customers can already expect and enjoy.” “We have already seen demand for high quality meeting facilities at Holborn Bars and West One," he added. "De Vere Venues Canary Wharf is the next step in our vision to bring the De Vere Venues experience to all the major business hubs throughout London and the UK.” The group intends investing £50m in upgrading its property portfolio over the next two years.

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