International workspace provider HB Reavis has agreed the sale of Cooper & Southwark, a circa 78,000 sq ft high-quality office development at 61 Southwark Street, to an overseas private investor. The sale follows the successful pre-let of the whole building to international real estate advisor CBRE’s Global Workplace Solutions division in April this year.
The sale of Cooper & Southwark demonstrates our ability to create value through both the quality of our developments and the pre-leasing terms we were able to achieve. This significant investment from a global investor emphasises the continued growth of the South Bank into one of the most appealing places to live, visit, work and invest. The South Bank will continue to be a key area for us as we progress our plans for the redevelopment of Elizabeth House in Waterloo into one of the city’s most important schemes.