Sunday, 17 November 2013

Savills appointed on prime Mayfair office development

World leading developer of commercial and residential property, Grosvenor, has confirmed the appointment of Savills as the joint leasing agent alongside Knight Frank at 20 Grosvenor Street in Mayfair, London.
Arranged over six floors, 20 Grosvenor Street is a striking new office and retail development set behind a partially retained facade with a secondary entrance onto Brook's Mews, which will be available to lease in January 2015. The scheme will comprise 38,965 sq ft of office space and 3,695 sq ft of retail space.
Ian Morrison, development director for Grosvenor's London estate, says: "Grosvenor has a significant office development pipeline of 160,000 sq ft in North Mayfair and 20 Grosvenor Street will reinforce Grosvenor Street as a core prime office location. We believe that Savills, along with Knight Frank, are well positioned in this core prime market to secure high quality office occupiers."
Liell Francklin, director of Central London office agency at Savills, comments: "Savills is delighted to be appointed as joint leasing agents on this exciting new development set within the heart of Grosvenor's Mayfair estate. 20 Grosvenor Street will provide a rare headquarters office building of exceptional quality in a prime location."
Philip Hobley, head of West End Agency at Knight Frank, adds: "20 Grosvenor Street is a very exciting scheme, with all the hallmarks of Grosvenor's approach to delivering aspirational office space, that will undoubtedly prove attractive to Mayfair's discerning occupiers."
Mayfair is the location for the headquarters of major global corporate businesses, leading asset managers, financial advisory businesses and private offices. Mayfair is also home to the world's leading auction houses and art galleries. 20 Grosvenor Street lies within close proximity to Claridge's, The Connaught and luxury brand shopping destination Mount Street, as well as Bond Street Crossrail station, scheduled to open in 2018.

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