McAleer & Rushe Completes Trophy Office Scheme For British Land

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McAleer and Rushe has completed a flagship design and build office project for British Land at 10 Portman Square in the heart of London’s West End.

The top UK REIT has also awarded McAleer & Rushe, British Land’s 2013 Award for Exceptional Site Management for its “exceptional work on 10 Portman Square.”

The eight storey building, which includes retail units at ground and lower ground levels, was completed on time and on budget and is already 51% let and has been achieving record rents.

The handsome 10 Portman Square was designed by architects Jestico+Whiles, boasts column-free floorplates of 18,500 sq ft, a dramatic curved roof and large accessible terraces offering dramatic views across London. Situated on an island site and with floor to ceiling glazing, the building benefits from excellent natural light on all sides.

Saudi Arabian oil company Aramco Overseas is the most recent occupier to sign at 10 Portman Square, taking the fourth and fifth floors which represent circa 33,700 sq ft. The company will now commence fit-out. They join Aspect Capital, who will take 24,520 sq ft of office space on the top two floors of the building.

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McAleer & Rushe construction director Martin Magee said:

“We are very proud to have delivered a superlative office development on time and on budget. It has been a great privilege working with British Land to deliver such an exemplar office scheme on a challenging central London site. It gives us great satisfaction to know it has already garnered considerable acclaim from property and architecture experts which is also being recognised in the rents achieved.”

Nigel Webb, Head of Development, British Land, said:

“This has been a fantastic team effort, and the building looks stunning. This is a new landmark building providing exceptional quality of accommodation. We are pleased with the level of pre-letting, with interest from occupiers remaining strong as companies seek grade A space in one of the West End’s prime business locations.”