City Developments Limited paid £158m for the former Stag Brewery plot at in November 2015, expecting permission by 2018. No such luck
The second phase will be known as IDEA Innovation Centre
Company wants to sell £2bn of London offices
The site covers circa 136,300 sq ft
The developer is planning a £50m makeover
The jv will kick off with £50m project in Northstowe
Seven occupiers take more than half of the lettable space in the building
The units will be designed to meet BREEAM Excellent and EPC A+ ratings
Developer’s 1,051-home scheme is expected to reach completion in 2027
The landlord has now signed 9,304 sq ft in total
The REIT recorded 99.7% occupancy
The company, which is preparing to become a REIT, also reported a 15% increase in net rental income