In partnership with Aberdeen Standard Investments, U+I said that it has let 94% of office space at 12 Hammersmith Grove.
Existing tenants Perform Media Services has leased the entire fifth floor and join WeWork who let 32% of the office accommodation in August 2017. They add to tenants including All Nippon Airways, Medidata Solutions and Creative Artists Agency.
U+I added that discussions are underway with Aberdeen Standard on the balancing payment calculation, and it remains on track to deliver projected gains of £9-11m for the project.
Matthew Weiner, chief executive of U+I, said: “We are delighted to have seen such strong demand for office space within 12 Hammersmith Grove, reflected in reaching this 90% lettings milestone. The remaining 6% is in solicitors’ hands. These gains build on the disposal of Blackhorse Road, announced on 20 December. We remain on track to realise profits in line with our FY18 guidance and will continue to keep shareholders updated on our progress.”
