INDUSTRY NEWS

Wates Group named as contractor for London office development

Wates Group has been revealed as the contractor for Development Securities’ London office development.

Set to be built at Hammersmith Grove, the development is planned to provide 275,000 sq ft of office space.

The first phase of construction at the site will commence immediately and will provide 110,000 sq ft of prime office space – with a completion date penned in for the first quarter of 2013.

The development is also set to feature 6,000 sq ft for cafes and restaurants, as well as public space.

Commenting on the announcement, Julian Barwick, director at Development Securities, said: “Our scheme at Hammersmith Grove is set to deliver some of the best new office space in West London into a tightly supplied market.

“The scheme will play an important part in the regeneration of Hammersmith’s town centre, attracting first-class occupiers to this prime location.

“Wates are an experienced and quality contractor and we look forward to working with them to deliver this scheme,” he concluded.

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