Henderson to develop mixed-use scheme in London's Soho

Henderson Global Investors has been given planning permission for a prime mixed-use scheme in the heart of Soho, in London, on behalf of its £700 mln (EUR 860 mln) Central London Office Fund I.

The sustainable mixed retail, office and residential development scheme, designed by Eric Parry Architects, will revitalise an urban block in the heart of Soho. The project comprises six new apartments, 7500 m² of offices and three retail units with a new public courtyard.

'We aim to deliver the scheme during late 2013 or early 2014 at a time when we believe there will be little competing Grade A supply,' said Nick Deacon, fund manager for the Central London Office Fund at Henderson.

Henderson is a leading property asset manager with around £11.8 bn of property funds under management across Europe, Asia and the US.