Commercial real estate news releases from Avison Young
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New London office instructions for Avison Young’s Real Estate Management team
November 30, 2020Avison Young has been appointed by Pure Data Centres Group Ltd (PDC Group) and The Wellcome Trust on two office assets in Brent Cross and Euston Road respectively.
The currently occupied 50,000 sq ft office block near Brent Cross has been acquired by PDC Group Services Ltd along with an adjacent warehouse for future conversion into a data centre. Avison Young’s experienced real estate management team, led by Sharon French, will manage the asset and its three occupiers.
The instruction on a 70,000 sq ft office space at 210 Euston Road on behalf of The Wellcome Trust, an independent foundation, will see Avison Young manage the building including its lower ground floor gym, as well as provide management accounting expertise to Wellcome.
Sharon French, Principal – Real Estate Management, Avison Young said:
“Our 100+ strong London team manage impressive offices as diverse as Mayfair’s Berkeley Square House, Westminster’s 64 Victoria Street and the iconic tower of 110 Bishopsgate in the City, delivering a tailored service for both our clients and building occupiers.
Through these challenging times, we are committed to fulfilling our client deliverables, while creating points of differentiation through our expert ESG and engagement teams around user experience, sustainability and wellbeing, that add real value.
Our rent collection statistics and response to COVID-19 have been industry-leading, but it is our agility in adapting to every client’s different expectations and requirements to provide a comprehensive service that truly sets us apart.”
Real Estate Management is one of the five key growth areas for Avison Young globally. In the UK alone, the Real Estate Management team currently has £20bn assets under management, employing over 250 people. The team manages a wide variety of property including offices, business parks, industrial and logistics and retail, as well as mixed-use schemes and a number of high-profile assets.