Nova North fully let, following letting to SNC-Lavalin by Landsec
12 April 2018
Landsec has secured a letting of over 65,000 sq. ft. to SNC-Lavalin, and its Atkins and Faithful+Gould businesses, on a 12-year lease. The design, engineering and project management consultancy will occupy the entire third, fourth and fifth floors of Nova North, meaning the building is now fully let.
SNC-Lavalin will sit alongside companies including Child & Child, BlueCrest and LEO. The move supports SNC-Lavalin’s plans for growth in the UK market and continues its strong presence for its London client base. An international business with approximately 8,500 staff, they are one of the largest Canadian employers in the UK.
Matthew Flood, Commercial Director, London Portfolio at Landsec commented: “We are really excited to welcome SNC-Lavalin to Nova, Victoria. By offering world-class office space alongside top-quality bars, restaurants and food outlets, we’ve been able to create an exciting area for both work and leisure which has resonated with a great range of businesses.”
Philip Hoare, Chief Executive of SNC-Lavalin UK & Europe, commented: “Having been based in North London up until now, we are very excited to be moving south to Victoria. Nova, Victoria offers a huge amount for our staff – from wide-ranging food outlets to green space, in addition to unrivalled office space. We are confident that moving here will help our business to continue to thrive.”
Alongside Nova North and Nova South lies Nova Food, an exciting development of 17 restaurants, three pop-up kiosks and two acres of public realm. Restaurants including Hai Cenato and Rail House Café, and chefs including Will Ricker and Adam White, all call Nova Food home. This has helped to transform London’s Victoria into an exciting destination for discerning diners, catering for everything from casual breakfasts through to private dining.
Landsec continues to refine and develop plans for the next phase of development at the Nova site, where we have planning permission for a 196,000 sq ft mixed use development.
Landsec were represented by Cushman & Wakefield and Knight Frank. SNC-Lavalin were represented by LSH.
At Landsec, we believe great places are for people to experience and are made with the experience of great people. As the UK’s largest listed commercial property company, with 23.7 million sq. ft. of real estate and a portfolio valued at £14.2 billion, we own and manage some of the most successful and recognisable assets in the country.
In London, our portfolio totals more than £7.8 billion, and consists of 6.5 million sq. ft. of real estate. From the world-famous Piccadilly Lights to the transformation of Victoria, SW1, we deliver exceptional experiences for the businesses and people that live and work in, and visit, the capital.
In Retail, across our 17.2 million sq. ft. of assets, we create outstanding experiences for customers and guests alike. Combined with the strength and resilience of our portfolio, this means we regularly outperform industry benchmarks for footfall and sales. We offer more than convenience and choice, recognising that memorable destinations are key to attracting the shoppers and retailers of today, and tomorrow.
We also aim to lead our industry in critical long-term issues – from diversity and community employment, to carbon and climate resilience. Everything we do is grounded in experience and begins with people. We deliver value for our shareholders, great experiences for our customers and positive change for our communities. At Landsec, everything is experience.
Teneo Blue Rubicon on behalf of Landsec
+44 (0)207 260 2700