Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2025
Building Area Net

Asset Description

Eg:HQ is a highly sustainable office development totalling 218,854 sq ft with 17,595 sq ft of outdoor amenity space including a c. 9,808 sq ft communal roof terrace in addition to private terraces on five other floors.


0.5 acre Virtual Freehold site situated adjacent to the US Embassy and in close proximity to Apple Inc’s new 500,000 sq ft HQ at Battersea Power Station.


Expected delivery in Q1 2025. Eg:HQ will plug a gap in the London new build office supply pipeline.

Investment Highlights

  • Opportunity to partner with Ballymore, one of London’s most respected developers in a 50:50 Joint Venture (JV), or alternative structures which will generate significant returns
  • Rare opportunity to benefit from developing commercial space in Embassy Gardens, a vibrant waterside district forming an integral part of the of the VNEBOA
  • The Vauxhall, Nine Elms, Battersea Opportunity Area (VNEBOA) has become a key London commercial sub-market comprising the regeneration of 561 acres at an approximate cost of £15 bn
  • VNEBOA will provide 6.5 million sq ft of commercial space; directly comparable to the scale seen at Kings Cross and Paddington
  • Situated within Zone 1, Eg:HQ has access to excellent transport communications
  • 5 min walk to the new Nine Elms Northern Line Station which opened in 2021. The Northern Line Extension (NLE) opened in September 2021 and is the first underground train line extension in London this century
  • Ballymore have a reputation for delivering sustainable buildings. Eg:HQ is targeting the highest level of ESG certification Nabers 5*, BREEAM Outstanding, EPC A, Wiredscore Platinum and WELL Platinum ready
  • The planning consent has been implemented and construction is set to start in Autumn 2022
  • Ballymore will guarantee a maximum price construction contract to the JV
  • Total project, including site value approximately £222 million (100% interest)
Last Updated Date: 16 May 2022

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Last Updated Date: 16 May 2022

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