news

15/8/18

Vengrove Partners with Charity Ark on Mixed-Use Redevelopment in Shepherd’s Bush

Vengrove has partnered with Ark and Hammersmith & Fulham Council on EdCity, the redevelopment of Ark Swift Primary Academy and Harmony Neighbourhood Nursery to create an ambitious new mixed-use development with a focus on education.

EdCity will consist of a redeveloped two-form entry Ark Swift Primary Academy, a 75-place nursery for Harmony Neighbourhood Nursery, a Youth Zone centre and an expanded Adult Education and Community Learning Centre. Additionally, 97,000 sq ft of affordable office accommodation will be created, to be set aside for education and social innovation charities. The goal is to create an education hub in west London, where like-minded and mission-aligned organisations can collaborate to enact positive change. The hub will also include 132 residential units, of which 50% will be affordable housing.

9/7/18

Vengrove Secure Planning for City Offices

WeWork Property Advisors and Vengrove has secured planning permission for the refurbishment and re-development of two offices in the City of London: 51 Eastcheap and 120 Moorgate. Both properties, when complete will be majority occupied by WeWork Companies Inc.

51 Eastcheap will consist of an 86,000 sq ft office building arranged over 10 floors with a small ground floor retail provision.  120 Moorgate will total 105,000 sq. ft. of office accommodation over nine floors. It will benefit from an extensive ground floor retail offering, including the existing flagship Barclays branch. The façade will be modernized, with WeWork expected to occupy 90% of the office space upon completion in Q4 2019.

15/6/18

Vengrove Acquires £30m Industrial Portfolio

Vengrove has acquired a regional portfolio of six single-let industrial units spread across the Midlands and North of England from Bollinwater Estates LLP, a joint venture majority backed by Tyndaris Real Estate, for a total consideration of £30 million.

Codenamed Project Yellow, the portfolio extended to 777,000 sq ft in locations such as Redditch, Birmingham, Wolverhampton, Seaham, Workington and Billingham, and includes tenants such as CEVA, Meggitt Aerospace PLC, Sims Group Limited and Speciality Steel (UK) Limited.