Brunswick taps into local working trend with £1bn workspace venture

Brunswick Property Partners has launched a new business which will provide workspaces for the creative sector in neighbourhoods around London.

The new venture, Akoya, is looking to invest £1bn in acquiring workspaces around “strategic clusters” in London as the pandemic has meant people are working more locally instead of commuting into central London.

It has opened four locations, in: Lonsdale Road, Queens Park; NW Works, Queens Park; Power Road Studios in Chiswick, which was acquired from Helical earlier this year; and Netil House in Hackney.

Akoya aims to create a net-zero carbon portfolio.

BPP founding partner Will Amies said: “We believe that Akoya is being launched at an opportune time, with Covid accelerating the desire to work in local, neighbourhood workplaces rather than commuting into central London.

“We believe in localism and work-life balance. Akoya properties stand for affordable, sustainable workplaces that are healthy and happy, supporting the communities where we invest.”

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