Aviva Investors boosts West London tenancy list

A FTSE 250 property firm and a US tech company have strengthened the tenancy line-up across a west London real estate portfolio managed by Aviva Investors.

Countryside Properties, a home builder, and California-based Ring Central, a ‘cloud communications’ business, are tenants of Aviva Investors’ 270,000 square feet office portfolio spread across three buildings in Ealing.

Ring Central agreed to a new five-year lease that covers two floors and 17,500 sq ft, while Countryside Properties is a new occupier taking up 9,850 sq ft for a lease of ten years at £42.50 (€48) per square foot.

The portfolio spans Aviva’s Aurora (pictured), Ealing Cross and Ealing Gateway developments. The fund management firm said Ealing town centre is a “fast-growing location due to its excellent transport connections” and lower rents compared to other parts of West London.

At Ealing Cross, the fully let building also accommodates Allied Irish Banks Group and Red Bee Media, among others.

©2019 funds europe

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