Property developers and investors British Land have announced plans to build 310,000 square feet of office space as part of their Regent Place campus with media company Dentsu Aegis as the tenants.
The publicly listed company have announced these plans to redevelop the latest part of their Regent Street campus, with their main tenants announcing their plans to move from nearby 10 Triton Street, where they currently occupy 118,000 square feet of prime office space.
This new development is just the latest phase of British Land’s 13-acre Fitzrovia campus which notably features the UK offices of Santander, Facebook, and Debenhams, among other companies. These large investments in the UK office sector show that many companies are looking beyond the short term ramifications of Brexit as they continue to view London as their home for the future.
Works for this new development will begin in March 2018 and British Land have announced that this redevelopment will mean an increase the lettable area of the property by 127,000 square feet. Tim Roberts, British Land’s Head of Offices lauded the development, stating that this latest phase is a perfect example of their campus approach to building in action.
This letting to Dentsu Aegis is the largest single letting of office space in the West End in over 20 years and shows that this famous part of London remains a sought after location for people looking to base their offices in the capital.
Six Ways You Can Make the Most of a Small Space
City living often means having to compromise between location and space. This article outlines a number of ways to make a small space seem larger. RIB specialise in West End properties and whilst living or renting within Central London often means you have a smaller home compared to those further out, there are many ways
Paignton Investment Property Sold By RIB Team
We are delighted to announce that we have successfully sold an investment property located in Paignton, Devon. Paignton is an affluent seaside town located in the southwest, forming part of the English Riviera along with Torquay and Brixham. It is located approximately 24 miles south west of Exeter, 3 miles south of Torquay, and 29
What is the Difference Between Types of Office Fit Out?
Fitting out an office space is the process by which the internal space is made suitable for the tenant’s occupation. It includes the installation of any of any facilities such as a kitchen or bathroom as well as creating meeting rooms, work stations, breakout areas, and raising the flooring. Many new office lettings are provided