The Weekly Wrap
Devonshire Square & Minster House – DEALS DONE!
We are delighted to announce that the Lower Ground &
Ground floor offices (3,604 sq ft) at 17 Devonshire Square have been let to
Nacro. The unit provides high quality, fitted out accommodation located moments
from Liverpool Street station.
We have also recently agreed on a sublet on the Part 5th
Floor (4,014 sq ft) at Minster House, Mincing Lane assisting a client with
their revised occupation requirements.
For further information, please contact Ali Porter (020 7456
0707) or Jamie Nurcombe (020 7456 0712) at Newton Perkins.
at Broadgate Estate
British Land has signed digital challenger bank Monzo for
120,000 sq ft of office space at Broadwalk House on the Broadgate Estate near
Liverpool Street Station in the City of London.
Having tripled in size, Monzo will move out of 45,000 sq ft in
their current UK headquarters in Finsbury Square following the move. The
Broadgate Estate is owned by British Land and Singaporean sovereign wealth fund
Broadwalk House is a 290,000 sq ft building situated on Appold
Street. In 2013, GIC bought its 50% stake in the estate from Blackstone.
Head of Broadgate, British Land, David Lockyer said: "We
are seeing strong occupier demand for well-located, high-quality office space
set in thriving neighbourhoods. Monzo’s decision to relocate to Broadgate is
testament to this and a sign of confidence in the long-term appeal of London.”
South Bank site sold to Mitsubishi
Mitsubishi estates have bought ITV’s London Television Centre
ITV has confirmed in the stock market announcement that it
had exchanged contracts for the sale of the London Television Centre on the
South Bank to Mitsubishi Estate London Limited in an all-cash transaction worth
£145.6m which is set to complete by end of November.
Since the beginning of the year, talks have been ongoing to
buy the prime London site, with fierce competition seeing several parties
seemingly in the driving seat.
Open marketing of the building commenced in January with ITV
seeking offers over £150m. Once the first round of bids was called on 1 March,
a diverse mix of bidders placed their bids, including Seaforth Land, the Ofer
family’s Global Holdings, Great Portland Estates, Henderson Park, Neil
Thompson’s Dartriver and Warner Brothers.
doctors to assist the City’s homeless population
A MOBILE GP service will provide healthcare to rough sleepers
in the Square Mile.
The City of London Corporation is teaming up with Doctors of
the World human rights charity to run a three-month trial to ensure that people
get the healthcare they need.
Doctors will take their fully kitted-out vehicle to the City
and will operate a weekly clinic at community sites where the City’s homeless
meet and feel safe.
The pilot is aimed to make sure they get the healthcare they
need. Last year, the charity launched its first mobile clinic at London’s
migrant aid centres. A volunteer doctor or nurse, together with a support
worker and clinic supervisor, will provide basic on-the-spot support.
Those with more complex health issues will get referred to
other places for help. The move is also designed to get evidence to prove to
health bosses that there is a need to fund a more long term service.
The City of London had 441 people sleeping rough last year,
putting it in the top five of boroughs with the highest number of street
homeless, behind Westminster, Newham and Camden. (Southwark was in fifth place).
Marianne Fredericks, who chairs the City’s homelessness and
rough sleeping sub committee said: "It is incredibly difficult for someone
homeless to traipse halfway across the city to find care."
In the first three months of this year, 63% of rough sleepers
in the City got support for mental health problems, with 55% needing help for
She said she wanted to see a permanent solution. Councillor
Mary Durcan lent her support to the move.
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