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News Release

Nottingham

F&C REIT Invest in Park House

demonstrating its continued confidence in the city


Nottingham, 16th December, 2013 –  F&C Reit has completed the refurbishment of Park View House, Nottingham, delivering some of the highest quality office space seen in the city in recent years and demonstrating a clear commitment to Nottingham and growing confidence in an improving market and occupier activity.


Located in the heart of the business district, Park View House now offers fully refurbished office space, in a self-contained building with open plan floor plates, feature reception and roof terrace, providing stunning views over the city skyline. The building benefits from secure car parking and brings to the market much-needed grade A stock, at a time when high quality office space is highly sought after.
Parkview House
James Keeton from the Nottingham offices of Jones Lang LaSalle, who has been instructed as joint agents with Geo Hallam to market the offices said: "Park View House offers something unique in Nottingham.  F&C Reit have delivered an extremely high quality full refurbishment, a first in the market since pre-2007 and that should be congratulated. The views alone make this building special, however when combined with the many stand out features and specification there is no other similar building currently available in the city.

The building is suitable for a regional HQ or can be split to enable multiple occupancy. We believe this will be one of the very few grade A buildings that has the potential to come to the market over the next 12 months, with no new build anticipated to come forward in the time period. Subsequently, it is one of the only credible options for an occupier requiring high quality Grade A space that is immediately available."
The confidence of  F&C Reit in Nottingham provides reassurance that the office market will experience a lift as occupiers greet the future with captious optimism, as the economy seems to be indicating a change of fortune.

James Hall of joint agents Geo Hallam added “Park View House appeals to professional services occupier or corporate wanting a statement front of house Nottingham HQ. It offers excellent connectivity, close to bus, tram and rail links, and are only a short walk from Nottingham railway station. Interest is expected to be strong as companies realise they have few opportunities to be at the heart of the Nottingham business community.”
 

 

Park View House extends to 16,552 sqft and is available to let or for sale.