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A travel insurance firm is moving its headquarters to continue expansion which has seen staff numbers nearly double in three years.
Travel Insurance Facilities Group is due to open its new office in Kings Hill at the end of August, where it will move its 140 staff based in Tonbridge.
The company has taken the top floor of 1 Tower View, one of the key office buildings on the development, which is home to 200 businesses employing 5,000 people.
The deal is the largest commercial property letting in Kent this year and brings the total office space let at Kings Hill in 2015 to 45,000 sq ft.
Founded in 1996, Travel Insurance Facilities has grown by 800% in the last six years.
“Kings Hill was an obvious choice for us as it is a great location, has excellent transport links and an expansive catchment area for the additional recruitment we will need in order to sustain our continued growth...” - Richard Smith, Travel Insurance Facilities
Managing director Richard Smith said: “The company has significant plans for growth as part of its five year strategy plan.
“Kings Hill was an obvious choice for us as it is a great location, has excellent transport links and an expansive catchment area for the additional recruitment we will need in order to sustain our continued growth.”
Other recent property transactions in Kings Hill include half of a newly refurbished office building to Cancer Partners UK for a state-of-the-art private treatment centre and half a wing of another for UBM Shared Services Ltd, which is moving from serviced offices in Kings Hill.
Andrew Blevins, managing director of Liberty Property Trust, which is developing Kings Hill with Kent County Council, said: “The improving economic climate is resulting in strong uptake at Kings Hill which continues to attract businesses to the South East and Kent because of the quality of the property solutions it provides, its amenities and doorstep pool of labour.”
Planning has been granted and conditions are being finalised on the next phase of Kings Hill’s residential development and work should start later this year.
It will see 635 homes built,, a new primary school – the third at Kings Hill – an extension to the community centre, additional allotments, trim trails and sports pitches for Kings Hill Sports Park.
Land will also be provided for the development of a place of worship.