Our freehold portfolio has been built up over more than 30 years, with representation across most areas of London.
Our business centres are typically characterful, relatively low rise, but large buildings of 50,000 sq. ft. or more. Location is all-important and our properties are well located around major transport hubs and in vibrant neighbourhoods.
Many of them are distinctive landmarks in their areas. Inside, the buildings are modern and well designed to cater for the needs of our customers with light-filled atriums, lots of communal and breakout space, high-spec meeting rooms and buzzing cafés.
We actively manage the portfolio to generate value, driving rents on our like-for-like properties, delivering on our project pipeline or selectively acquiring and disposing of assets.
Our ambition is to continue to grow the portfolio through our project pipeline and strategic acquisitions.
Lock Studios
In June 2020, we launched Lock Studios in Bow, located next to a canal and the lively Devons Road Market. The new centre forms part of a mixed-use redevelopment of our former light industrial site. In addition to the business centre, the regeneration project will provide 540 flats, a retail area and public open space.
The new 37,000 sq. ft. centre includes 90 offices over six floors, benefiting from high ceilings and an industrial design. It is a perfect example of our employment-led regeneration strategy, creating a lively centre for businesses in a community that previously lacked high quality commercial space.
Lock Studios has really captured the imagination of our target customers, and has reached over 50% occupancy in less than a year.