HB Reavis wins Best Newcomer Award at London’s 2016 CoStar Agency Awards
International real estate developer HB Reavis recently took home the CoStar Agency Award for Best Newcomer in 2016. HB Reavis was recognized by CoStar readers and editor Paul Norman above competing buildings, people and companies for its for state-of-the-art office scheme, 33 Central, in the City of London.
HB Reavis has made its mark on the City market this summer when it was sold 33 Central to Wells Fargo, the third largest bank in the U.S. by assets, in one of the largest single office deals of the year.
33 Central will provide a sustainable office space and design-led facilities that maximise natural light and outside space to Wells Fargo, which will consolidate all of its London-based team members in the single location upon move-in.
The new office development is located just north of London Bridge on King William Street. It was designed by award-winning British architecture practice John Robertson Architects and is on target for completion in Q3 of 2017.
The venue for this year’s Agency Awards was 30 Euston Square and the keynote speaker was Irvine Sellar of Sellar Property Group. Alongside HB Reavis, a host of companies were recognized for their successes over the past year including JLL, CBRE, Cushman & Wakefield, Knight Frank, Savills, Colliers International, Cherryman, Farebrother, Union Street Partners, Kalmars and Monmouth Dean.
CoStar News is a UK commercial real estate news website that covers the latest transactions, deals major leases, sales and promotions throughout the sector. It is part of the wider CoStar Group, which hosts the world’s largest database of commercial buildings and transactions.
Jonhathan Crawley, Head of Legal UK at HB Reavis, talks through winning of Best Newcome for the project at 33 Central and the positive outlook for the London market despite Brexit.