U+I wins consent for London bus factory redevelopment

Aberdeen Asset Management and regeneration specialist U+I have completed the leasing of 43,664 sq. ft. of offices at their iconic office development, 12 Hammersmith Grove, taking the building to 45% let.

Creative Artists Agency and Perform Media Services Limited have joined Medidata Solutions, specialists in clinical technology, at 12HG, creating a strong line-up of commercial tenants who now occupy the top 5 floors of the building.

Creative Artists Agency, the world’s leading full-service entertainment and sports agency, hse signed a lease to occupy 26,030 sq. ft. of space across the 8th and part 7th floor.

CAA’s staff are the real-world Jerry Maguire’s, they represent world renowned sports personalities, chart topping singers and Hollywood movie stars such as Beyoncé, Ed Sheeran, George Clooney, Cristiano Ronaldo, Tom Cruise, Will Smith and Meryl Streep.

Perform Media Services Limited, a digital sports content and media group, has taken the 6th floor, which totals 17,634 sq. ft.

Perform Group work with TV channels in countries to buy the rights to top events, such as the UEFA cup, and pioneer new ideas for global multichannel sports coverage and content including new sports OTT platforms (internet based viewing) and betting solutions.

Forward-funded by Aberdeen Asset Management, 12 Hammersmith Grove provides 170,000 sq. ft. of exceptional Grade A office space over ten floors. The building, which achieved a Platinum WiredScore connectivity rating and BREEAM Excellent, benefits from fantastic views across London and outdoor space on every floor.

The development, along with its sister building 10 Hammersmith Grove, has transformed a former surface car park in Hammersmith town centre into one of the best new commercial spaces in West London.

Interest in the remainder of the building is strong, with further deals expected to be announced in the short term.

The first phase of the commercial development, 10 Hammersmith Grove, includes 110,000 sq. ft. of Grade A office space, which is occupied by Fox International Channels, UKTV, Accor and Philip Morris Limited, as well as extensive new public realm and three restaurant units at ground level.

Simon Hesketh, Executive Director of Regeneration, U+I said:
“12 Hammersmith Grove is a great illustration of how a visionary development can transform a previously overlooked site. Working successfully with Aberdeen Asset Management and TfL we have delivered a new benchmark for commercial space in Hammersmith, building on the great success of 10 Hammersmith Grove.

We are delighted to have completed these lettings at number 12 enabling us to bring two more leading companies to Hammersmith Grove, and look forward to announcing further deals soon.”

Elaine McCann, Associate Asset Manager, Aberdeen Asset Management, commented:

“12 Hammersmith Grove sets a new benchmark for offices in Hammersmith, providing West End quality space within this West London market. We are delighted to have attracted these two fantastic occupiers to the building.”

U+I and Aberdeen Asset Management were advised by Strutt & Parker and JLL. Savills advised CAA and Perform.

Further information:
U+I – http://www.uandiplc.com/
CAA – http://www.caa.com/

Perform Media Services Limited –
http://www.performgroup.com/

For further information:
Rianne Gordon,
Teneo Blue Rubicon:
Rianne.gordon@teneobluerubicon.com