INDUSTRY NEWS

SWIP and Endurance Land plan major revamp of Midtown London office

Endurance Land and Scottish Widows Investment Partnership Property Trust have put together plans for the redevelopment of a London office scheme on Chancery Lane.

SWIP and its development partner have lodged plans in the hope of refurbishing and extending Halsbury House. The duo plan to revamp the building at 35 Chancery Lane, WC2, expanding its offering from 93,205 sq ft to more than 100,000 sq ft.

Currently the building offers 85,583 sq ft of London office space, but under the new scheme this would expand to 93,398 sq ft – with extensions added to the fourth through to sixth floors of the building. The redevelopment would also expand on the ground floor retail space.

Recladding and a relocation of the buildings main entrance are also factored in as part of the redesign by TateHindle.

Endurance Land managing director, Jonathan Fletcher, said: “This exciting project will be a very positive addition to Chancery Lane. We have ensured early engagement with the planners and (CLA) Chancery Lane Association as well as communicating with local landowners and occupiers.

Scottish Widows Investment Partnership initially purchased 35 Chancery Lane on behalf of SWIP Property Trust from Delancey in 2006. The deal was said to be worth £35m.

“Careful consideration has been given to Bream as well as anticipation of the future occupier requirements in this evolving and changing location.”

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.