Westfield appoints office agents at Stratford

13 Apr, 2010, London

Westfield has appointed Cushman & Wakefield and CB Richard Ellis as joint leasing agents for 1.1 million sq ft of office space at Westfield Stratford City.

Westfield Stratford City will provide a new commercial district for London which is a key component of the Olympic Legacy. The scheme is the gateway to London’s Olympic Park with 70% of spectators expected to pass through the development on route to the Olympic Games.

John Burton, Director, Westfield Stratford City, said: “This scheme offers unrivalledopportunities for occupiers looking for prime quality space in London. Westfield Stratford City will create a vibrant new hub and will provide an industry showcase during the Olympics as the eyes of the world turn to east London. With the opportunity for occupiers to be in situ ahead of the Games in 2012, this is a unique opportunity and we are already speaking to international businesses looking to grow or relocate to the city’s most contemporary commercial district.”

At just over ten minutes from the City and Canary Wharf; 19 minutes from London City Airport and 45 minutes from both Heathrow and Stansted airports, Westfield Stratford City benefits from unparalleled transport connections. The development is served by the Central line, Jubilee Line, DLR, London Overground, National Express, Kent FastLink and the new Stratford International Station.

Westfield recently announced the addition of a 267-bedroom Premier Inn anddiscussions for a second hotel within the development are currently underway.

Steve Johns from Cushman & Wakefield commented: “Cushman & Wakefield isexcited to be appointed as joint leasing agent on the offices at Stratford City. Thescheme benefits from fantastic connections to the City, West End, Canary Wharf andEurope and will provide an excellent location for companies looking for new offices inLondon with the further benefit of the close proximity to the Olympic Park.”

Matt Black from CB Richard Ellis commented; “We are delighted to be instructed as joint leasing agents for this exciting new development which will provide a new commercial centre for London. Stratford’s connectivity to Central London, Canary Wharf and Europe will make it an appealing location for a variety of occupiers seeking Grade A office accommodation.”

The scheme comprises 1.9 million sq ft of retail and leisure space which is currentlyunder construction and the potential for 1.1 million sq ft of offices in the first phase of the scheme. It will be the largest urban shopping centre when it opens in 2011. Westfield Stratford City is anchored by a 240,000 sq ft John Lewis, a 32,000 sq ftWaitrose and a 200,000 sq ft Marks & Spencer as well as a 12-screen, all-digital Vuecinema and more than 300 shops and restaurants.

Ends

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