News

Latest property news from BNP Paribas Real Estate UK, the leading property adviser  

 

11 February 2019

100% OCCUPANCY ACHIEVED AT UK & EUROPEAN FARRINGDON BUILDING

Following a successful refurbishment and leasing campaign, UK & European Investments has completed the letting of the final available floor at 12 Cock Lane in Farringdon to Legal & General Affordable Homes.

 

The letting achieves 100% occupancy at the building where occupiers include Barts Charity, Green Park Content and Doig + Smith.

The building, extending to 23,303 sq ft, was refurbished during 2017 to provide warehouse style office space, a fully refurbished reception, new cycling facilities, showers and lockers and a communal break out space for all occupiers within the building.

John Stacey, Asset Management Director at UK & European Investments said: “We’re delighted to welcome Legal & General to the line-up at 12 Cock Lane and this letting concludes another successful project for UK & European.”

“Our pro-active approach here has been influenced heavily by the growth of the co-working sector and the impact that has had on the leasing of suites under 5,000 sq ft.”

“By adopting a more flexible and occupier-focused approach and bringing forward a refurbishment of the building in line with occupiers’ needs, we have been able to achieve 100% occupancy in a challenging and evolving market.”

Rob Rooney, Director at BNP Paribas Real Estate said: “Identifying the changing requirements of SME occupiers, we were able to tailor our offering at the building. This helped attract a diverse range of occupiers, on competitive & flexible leasing terms that fitted in with our client’s long term strategy for this particular building.”

BNP Paribas Real Estate and Edward Charles & Partners acted for UK & European.

Download PDF

International
With a presence in 36 countries, BNP Paribas Real Estate has a global reach, offering our clients in Asia, Middle East and North America unparalleled European expertise.
Carte implantations
  
 
 
 

Latest News and Insights
blogs square