Legal & General Property (LGP) on Friday started construction at its Covent Garden scheme in London's West End following the appointment of UK construction and regeneration group, Morgan Sindall. The investment in the project is planned to amount to £65 mln (EUR 74 mln).
Legal & General Property (LGP) on Friday started construction at its Covent Garden scheme in London's West End following the appointment of UK construction and regeneration group, Morgan Sindall. The investment in the project is planned to amount to £65 mln (EUR 74 mln).
The 55,000 sq ft (5,100 m2) office redevelopment will be delivered to the market in September 2012. The project, owned by LGP's Managed Property Fund, is designed by architect Darling Associates and is targeting a BREEAM 'Excellent' rating.
Knight Frank and EA Shaw were appointed as agents to the scheme.
