An extensive mixed use estate situated in the heart of King’s Cross
Location: Regent Quarter, King’s Cross, London, N1
Investment type: Mixed use asset management / development
Investment partner: Nan Fung Group
Regent Quarter is situated in the heart of King’s Cross to the east of King’s Cross Station, surrounded by, and benefitting from, a dynamic mix of global brands, hotels and restaurants. The estate is currently arranged in two blocks and comprises approximately 260,730 sq ft of mixed-use real estate, across 12 office buildings and 20 retail and leisure units.
Purchased in 2018, Regent Quarter represented a rare opportunity to own a significant quantum of high quality character real estate, offering a range of asset management and value enhancement opportunities.
A strategic masterplan delivered by a ‘best in class’ project team
Working alongside a best in class project team, Endurance Land have produced a strategic 7 phase Masterplan for the estate leveraging the substantial improvement in the Kings Cross market over the course of the last 15 years which has seen rents increase by circa 350%.
Endurance Land have now delivered phase 1 of this plan, the comprehensive refurbishment of Cottam House (circa 11,400 sq ft) and the subsequent letting to The Mills Fabrica (www.themillsfabrica.com) a dynamic business at the forefront of entrepreneurialism and sustainable fashion. This letting perfectly complements the wider tenant strategy to target ICE industries seeking a modern and dynamic place of work supported by first class amenities and campus based atmosphere.
Underway and on track
In close collaboration with Islington Council, phase 2 & 3 are well underway with exciting extension and refurbishment proposals for the larger office buildings on the estate (Jahn Court & Times House) as well as associated Public Realm (Laundry Yard) improvements. Planning applications are due for submission in the summer of 2021, with work due to commence in Q1 2022.