NovaLoca sponsors OAS Development Awards

The OAS Development Awards took place last Friday at the Victoria Park Plaza in London with NovaLoca the proud sponsor of the Best Deal Outside Central London category.

The OAS Development Awards is the only event in the industry which recognises excellence in office development, sustainability and transactions across the wider UK and City of London & West End markets.

The winner of the Best Deal Outside Central London category was Drum Property Group for Apache North Sea, Transocean UK Drilling & Nexen Petroleum UK at Prime Four Business Park, Aberdeen.  The judges said it was a “hugely impressive string of pre-lets totalling over 300,000 sq ft at increasingly impressive rents and lease lengths with minimal incentives. This has, in effect led to the creation of a new office district for Aberdeen.”

Highly Commended in this category was Blackstone‘s Aker deal at Building 6 Chiswick Park.  The judges said that “Blackstone’s decision to speculatively develop building 6 at 215,000 sq ft was rewarded by securing an exceptional deal early in the construction process on the entire building at a record rent. This further enhances the continued success of Chiswick Park.”

Miranda Munn, Managing Director, NovaLoca said:

“We are always delighted to sponsor the OAS Development Awards and this year was no exception.  Congratulations to Drum Property Group for their win!”

To read our blog following the Awards, please go to NovaLoca’s blog.

Further information:

Miranda Munn
T: 01767 313380