West London site sale a market test
October 19, 2010
The news that Resolution and partner JER are to sell the London Gate office site in Hayes west London has surprised some market observers but it may prove a shrewd move.
Demand from office occupiers in the western corridor has picked up in recent weeks and while this is yet to lead to rental growth it has encouraged some developers to dust off their plans and consider speculative starts. Also Hayes is a robust office location and has just attracted Rackspace to the town.
With the western corridor benefiting from this positive vibe surely there hasn’t been a better time for London Gate to come to the market.
