Nova, Victoria - Phase 1, SW1

In February 2012, Land Securities formed a 50:50 joint venture with Canada Pension Plan Investment Board ("CPPIB") to own and develop Nova, Victoria. Construction of Nova, Victoria started in June 2013. The 727,000 sq ft first phase, comprising 480,000 sq ft of offices, 80,000 sq ft of retail and 170 luxury modern apartments within three landmark buildings is due for completion in July 2016.

Nova night

Property location: SW1

Description

In February 2012, Land Securities formed a 50:50 joint venture with Canada Pension Plan Investment Board ("CPPIB") to own and develop Nova, Victoria. Construction of Nova, Victoria started in June 2013. The 727,000 sq ft first phase, comprising 480,000 sq ft of offices, 80,000 sq ft of retail and 170 luxury modern apartments within three landmark buildings is due for completion in July 2016.


Key Facts

Ownership Interest

50%

Letting Status

17%

ERV

21m

Completion Date

July 2016

Development Costs (Total)

248m

Floorspace

Retail Area

42,193 sq ft

Office Area

498,806 sq ft

Other Area

344 sq ft

Total Area

541,343 sq ft

Data as at 30 Sept 2016

  • London Portfolio website
  • Nova, Victoria website
Justin Black
Development Director
020 7413 9000
Matthew Flood
Leasing Director
020 7413 9000
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