LaSalle lets over 15,000 square foot to RGA Underwriting in Brentford
LONDON March 2, 2015 – LaSalle Investment Management has let 15,672 square foot of office space at 27 Great West Road, Brentford, to risk solutions company RGA Underwriting Limited at a rent of £27.75 per square foot.
RGA Underwriting has taken the entire third floor of the building following its comprehensive refurbishment to Grade A standard, along with improvements to the building’s common parts. The letting follows news that software company RSI Retail solutions had signed a new lease to occupy the building’s 6,050 square foot sixth floor at the start of last year.
RGA Underwriting has been based in West London since they were established in 2001, and have grown consistently over this time. The company provides bespoke risk solutions in the insurance sector to its intermediary partners throughout the UK, offering flexibility for their clients.
27 Great West Road is a seven-storey landmark office building fronting the M4 and A4 Great West Road. RGA Underwriting joins other high-profile corporate occupiers on the stretch of road known as the ‘Golden Mile’, including Sega, Worley Parsons GlaxoSmithKline, EMC, BskyB, Samsung and JC Decaux.
Gary Player, LaSalle Investment Management said: “There has been strong demand for high-quality office space in West London over the last year from corporate occupiers with strong covenants. Great West Road is strategically positioned and benefits from extensive transport routes into Central London and the UK’s regional cities. By refurbishing 27 Great West Road, we have positioned the building favourably to take advantage of the lack of supply in the market particularly for larger floorplates.”
Vokins Chartered Surveyors and Knight Frank represented LaSalle Investment Management; RGA Underwriting were unrepresented.
About LaSalle Investment Management
LaSalle Investment Management, Inc. (together with its global investment advisory affiliates, “LaSalle”) is one of the world’s leading real estate investment managers. LaSalle on a global basis manages approximately $58 billion as of Q4 2017 of private and public equity and private debt investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle Investment Management, Inc. is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
This information is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made by means of a private placement memorandum. Past performance is not indicative of future results.