Chen Moravsky has been appointed as the new chief executive of LabTech Investments, a co-working and co-living company that also provides food, drink and entertainment spaces.
LabTech is underpinned by a growing international property portfolio, with significant assets in Camden and central London including Holborn’s iconic Sicilian Avenue.
It is also the owner of a number of technology businesses that are helping transform its real estate operations across the globe.
Chen Moravsky was formerly deputy chief executive and chief financial officer of PPHE Hotel Group (where he led the operational, fiscal and business development activities of the company).
Moravsky said: “Our aim at LabTech is to allow the largest number of people to collaborate effectively and share resources, including technology, infrastructure, cultural facilities and ideas. We already have a very significant property base in London and, given our technology edge, this is just the beginning. I want to expand our presence in London and across the globe.”
LabTech is owned by Teddy Sagi, a property and tech entrepreneur. He said: “Chen’s financial, property and business development knowledge is second to none. He has the skills and ability to roll out LabTech across the globe and make it the world’s leading co-working, co-living and entertainment tech company.”
To send feedback, e-mail amber.rolt@egi.co.uk or tweet @AmberRoltEG or @estatesgazette
