Henderson Global Investors' £12 bn (EUR 15 bn) property business has secured planning consent to redevelop its asset at Bishops Court, London, on behalf of its £600 mln Central London Office Fund I.
Henderson Global Investors' £12 bn (EUR 15 bn) property business has secured planning consent to redevelop its asset at Bishops Court, London, on behalf of its £600 mln Central London Office Fund I.
Bishops Court currently provides 53,555 sq ft (4,970 m2) of net office and ancillary accommodation over basement, ground and five upper floors. The property was previously let to HSBC Insurance Holdings on a lease which expired in August 2012.
The consented scheme, located at the edge of the Spitalfields Market site, includes the demolition of the existing building, retaining only the basement external walls, with the construction of a new 77,209 sq ft mixed use scheme incorporating three retail units as well as grade A office accommodation.
The scheme has been designed to achieve BREEAM Excellent.
