The new platform, to be known as Original Works, will focus on London offices and implement innovative technologies and design to meet occupier and investor demand, with the aim of producing enhanced returns. The platform will have a specific focus on the reduction of embodied and operational carbon drawing upon decades of relevant expertise. In conjunction with launching the new platform, the group have exchanged contracts for the purchase of their first development project at 10 Salisbury Square, from DWS. 

Powered by the expertise of the partners, Original Works aims to navigate a fragmented property market and bring about sustainable transformation in London office workspaces. Designing and delivering sustainable and functional office spaces that meet the needs of occupiers and investors is key to the partnership strategy. The platform combines capital with authentic expertise to unlock directly held developments and to provide a solution to property owners with assets that may be stranding and in need of repositioning. 

Capital for the platform will be provided through Invesco Real Estate Europe Fund III, the third closed-end fund in a series of dedicated pan-European higher returning investments. 

You can now read the full press release at the link below