INDUSTRY NEWS

New office space available in Kingsway

According to a London based property agency, a London office space specialist has been appointed by DTZ Investment Management to oversee the refurbishment and letting of office space in Kingsway.

Princes house is located on the west side of Kingsway, and is to undergo a refurbishment project to provide businesses with high quality office space. The project is expected to be completed by Q4 2011.

The space has become available after Cancer Research UK decided to relocate to the Angel building in Islington. The charity felt it necessary to maintain a presence in London, to enable easy communication with universities, teaching hospitals, the UKCMRI and government.

A spokesperson from DTZ Investment said:”The combined knowledge and experience from both the letting agent, local specialists, and the market coverage of Central London via DTZ means that we have the best team for delivering a high quality product.

“This will enable the fund’s objectives to be met by creating stable income return with prospects for rental growth and in turn capital appreciation over time.”

Commercial property news brought to you direct from DeVono Cresa, experts on London office space.

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