Land Securities 'in talks for new Victoria offices'
Land Securities is currently in discussions with the Canada Pension Plan Investment Board (CPPIB) about its Victoria Circle development.

According to CoStar News, the commercial property company is looking to form a 50:50 joint venture with the organisation for the mixed-use scheme that will include new London offices.

CPPIB could pay approximately £150 million for a share of the project. The property publication noted the firm was selected over other funding partners from North America.

Under the proposals for Victoria Circle, SW1, there would be one million sq ft of space including more than 200,000 sq ft of London offices, residential units and retail facilities.

Principal occupiers include the central government, Sainsbury's, The Grosvenor Hotel and Citibase.

Land Securities' managing director of the London portfolio Rob Noel previously told CoStar News: "We have finalised the planning consent for the demolition of the one listed building that sits in the middle of the site, so we are now good to go."

Posted by John Evans

News provided by Adfero in collaboration with Mellersh & Harding. Please note that all copy belongs to (c)Adfero Ltd and does not reflect the views or opinions of Mellersh & Harding unless explicitly stated.ADNFCR-2799-ID-801284420-ADNFCR Back


Contact Mellersh & Harding

Call us on +44 (0)20 7522 8500

Email Us Directly

What our clients say

"What made dealing with Mellersh & Harding LLP a pleasure was the response time on queries from all parties and the way in which they...

Tom Catton, Book Tokens Ltd

What our clients say

"Proactive and get the impression that they are enjoying what they do and that it feeds through and makes it a much more pleasant environment to work in..."


What our clients say

"Paul Brewster’s background combined with his enthusiasm for personally getting involved with the tasks at hand made him the best route in resolving my company’s..."

Graham Begg, Film Tree

D2 Interactive