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News Release

London

JLL dispose of Power Road Studios in Chiswick for £34m


power road studios.jpg 

London, 07 December 2015 – On behalf of London and Strategic Estates, JLL Residential in conjunction with JLL London Unlimited have unconditionally sold Power Road Studios, a 2 acre development and investment opportunity in Chiswick, to Helical Bar Plc for £34.2m. The 62,000 sq ft multi-let office buildings provide the opportunity to enhance the rent profile of the current property as well as the longer term potential for extension and development for a variety of uses.

Bruno Jaczkowski, Director in the Residential Land team at JLL comments: “This sale demonstrates the continued appetite for flexible multi-use development opportunities with an existing income story driving forward future regeneration in London.”

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Notes to Editors:

http://residential.jll.co.uk/en-GB/new-residential-thinking-home/news.aspx