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Office building forward funded in Stratford by L&G

Legal & General is forward funding the construction of a new office building at 14 Westfield Avenue in Stratford, London.

The building has been pre-let to the Secretary of State for Communities and Local Government to establish a new HMRC regional centre in Stratford and is being constructed by Unibail-Rodamco Westfield.

Peter Miller, COO UK/Italy/Benelux at Unibail-Rodamco-Westfield, said: “The new office development in Stratford currently under construction is a compelling offer with a pre-let to HMRC. Stratford is a firmly established office destination in London with superior transport connections and transformational investment which has led to the regeneration of the area. It’s home to one of the UK’s leading retail, shopping and leisure destinations, Westfield Stratford City which sits alongside new residential including our plans to create over 1,200 new homes and further office developments.”

Scheduled to be ready for occupation in late 2020, the office building will comprise 300,000 sq ft of high quality office and ancillary accommodation set out over ground and 12 upper floors and includes 358 cycle spaces with changing and storage provision.

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