Airbnb UK has relocated its London office from Shoreditch to Clerkenwell, Business Insider has learned.
Up until two weeks ago, the San Francisco-headquartered company, which allows people to let out their spare rooms and properties, was based on the top floor of 2-4 Great Eastern Street, a short walk from Shoreditch High Street Station. It is now based at 40 Compton Street, a warehouse conversion just over a mile to the west, Business Insider understands.
The warehouse was converted into the office space that exists there today in 2009 at a price of £2.9 million, according to David Long Architects.
The reason for the move is not clear at this stage but it’s possible that Airbnb — a fast-growing company with plenty of venture capital behind it — ran out of space in its current office, which can accommodate up to approximately 20-40 people.
Business Minister Sajid Javid is expected to attend the official opening of the new office on Monday.