UK construction firm Decorean has won the contract for the £27 mln (€35 mln) office to residential conversion of Bartley Wood Business Park, Hook, north of London.
The development, which represents one of the UK's largest office-to-residential schemes on a business park, will see the 7,800 m2 asset converted into 107 one and two bedroom apartments over three floors. Construction is expected to be completed in winter 2017.
To date, a quarter of the units have been exchanged, the company said.
Shraga Stern, managing director of Decorean, said: ‘The site is particularly exciting for us with London being less than an hour away by train, making it a desirable commuter location.’