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Screen capture of Verde website at www.verdesw1.com

Screen capture of Verde website at www.verdesw1.com

26.01.2015

Verde

Address:
Bressenden Place, London SW1E 5DU
Type:
Commercial
Completion:
October 2016
Area:
317,083 sq ft
Offices:
1
Viewed:
13729

Description of Verde

Verde is a Grade A office building in Victoria, London SW1.

Redevelopment of Eland House (see under Buildings).

The development comprises 282,000 sq ft office space on 10 floors with 6 roof gardens.

- 282,000 SF of Class A offices with floors ranging from 14,000-34,000 SF
- Six roof gardens located between levels 6-11, totaling over 20,000 SF
- Stunning views spanning the London skyline
- Excellent natural daylight with a nine-story glass atrium
- Dedicated bicycle entrance with 440 bicycle spaces, with showering and changing facilities
- Vast triple-height reception

Verde is just 150m from Victoria Station.

The stepped roof terraces at The Verde take advantage of extraordinary views across Buckingham Palace and Green Park.

History

2018 September - Tishman Speyer sells the building to Deka, which is let to 17 institutional tenants on a long-term basis.

2012 January - Tishman Speyer acquires the property
Q3 2014 - a lease surrender with the tenant Department of Communities and Local Government (DCLG), vacant possession gained.

Sources:
- Tishman Speyer www.tishmanspeyer.com

Connected Companies

Main Contractor:
Developer:
Lettings:
Architect:

News: (3)

Deka Immobilien GmbH has bought the Verde office building from Tishman Speyer and the Public Sector Investment Board.

The investment is being made as a joint venture between the WestInvest ImmoValue, a special fund aimed at institutional investors, and the open-ended real estate fund Deka-ImmobilienEuropa. The parties agreed not to disclose the purchase price.

With this transaction, the fund management of WestInvest ImmoValue and Deka-ImmobilienEuropa is securing a high-quality and representative property in an up-and-coming London submarket. The quality of the property, the lease terms and the terms and conditions of the purchase agreement take account of the current discussion about Brexit. The funds are thereby developing towards the strategic target allocation ratio.

24/09/2018 11:44 by Buildington

PA Consulting has taken sixth and seventh floors (60,000 sq ft) at Verde, reports Colliers International.

Hamish Maule, PA’s Head of Operations, commented: “PA’s business success and resulting growth has required that we secure a new headquarters building. We are pleased to be moving into Verde SW1, where we are creating an exciting space for our people and our clients to work together and to innovate.”

Dan Nicholson, MD at Tishman Speyer, said; “PA Consulting is the leading global management consulting and technology firm and a great tenant for us to secure into Verde SW1.”

Source: Colliers International www.collierslondon.com

03/10/2016 16:36 by Buildington

Brookfield Multiplex has been awarded the contract to refurbish Eland House. The refurbished development will named Verde SW1.

Verde SW1 will provide approx. 282,000 sq ft Grade A office space, a dramatic triple height reception and include six large roof gardens offering approx. 20,000 sq ft of outdoor space with panoramic views of Buckingham Palace, the Royal Parks and the West End.

The building will also contain 10 floors of large flexible floor plates and multiple entrances with elevations fronting Warwick Row to the West, Cathedral Walk to the East and Westminster Theatre to the North.

Source: Brookfield Multiplex 22. December 2014

26/01/2015 19:06 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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