NEWS HEADLINES
- Goya Developments purchase East London site
- Olympics glory for DE&J Levy
- DE&J Levy appointed to sell Foyles Portfolio
- DE&J Levy appointed to sell Victoria Street property
- Artillery Row investment sale
- Warehouse acquired for Damian Hirst
- New Addition to DE&J Levy - West End Office Agency Team
- Continued trade counter lettings at Hampton Business Park, Hanworth
Goya Developments purchase East London site
Thursday, 05 January 2012
Goya Developments, advised by DE&J Levy, has purchased the
freehold of a 4 acre site at 101 Stephenson Street, London E16 from
P&O Developments.
The site was acquired with funding from WCT and has a short term
lease in place to LOCOG, who will use the building during the
Olympic Games as a registration and distribution centre.
Following the lease expiry in October the site will be cleared
and, subject to planning, a 110,000 sq ft, 12 -unit industrial
scheme will be built.
DE&J Levy has been instructed on the onward letting and
industrial partner Jeremy Grundy commented: "Very few sites
are being speculatively developed in the UK and only exceptionally
well located sites are capable of attracting funding and tenants.
The Olympics will highlight the opportunities that East London can
offer for those businesses with a longer term vision."
