INDUSTRY NEWS

Phase two of Workspace’s Wandsworth London office mixed-use gets nod

Workspace Group has gained consent for its London office mixed-use development at Wandsworth.

The real estate investment trust will build the second part of its project adjacent to the Filaments, another Workspace development, on Buckhold Road.

Under the scheme, it will build a mixture of apartments retail space and 15,000 sq ft of office and business space.

In total, Workspace will now offer around 70,000 sq ft of business space at its Business Centre – with room for more than 120 businesses. It plans to have the first part of the business centre open by December.

Workspace chief executive officer, Jamie Hopkins, said: “We are delighted to announce another planning approval for the second phase of our mixed use scheme in Wandsworth. This development will not only benefit fast growing businesses, helping to mitigate the high demand for office space, but also the wider community.

“This new state-of-the-art development will create a business centre, providing customers with more than just space, with well designed, tailored facilities and flexible leases. Workspace creates environments designed to suit the needs of its customers, to foster collaboration and enable both businesses and communities to work and grow together.”

Workspace Group has a portfolio valued at £0.8bn as of March 2013, with properties mainly held throughout London.

By: Kirsty MacGregor

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office, retail and leisure space.

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