A major development is on the cards for the site known as the Leadenhall Triangle in the City following the acquisition for £190 million by funds managed by Henderson. At the moment the buildings on the site total 42,734 sq.metres. Henderson has the options of a new development or refurbishing the existing space. Henderson’s Nick Deacon said: “We are confident we will be able to unlock significant value from the site, whether that is wholesale redevelopment or refurbishment.”
Some major schemes are planned for a wide area of the capital, such as Vauxhall, where CLS Holdings is planning a 17,993 sq.metres mixed use scheme of business units, retail space, a hotel and student accommodation.
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