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News - 15/04/2013

New regional home for residential developer Annington

We have found London-based residential developer Annington a new regional home in Bedfordshire

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We have found London-based residential developer Annington a new regional home in Bedfordshire, providing a more central location for the company to operate from.

Annington Homes, one of the largest private owners of residential property in the UK, has signed a 10 year lease - with a break option in year five - for 4,000 sq ft of ground floor office space at Derwent House. Derwent House is a two-storey detached office building located in Cranfield University Technology Park, Cranfield, Bedfordshire. The property has a high specification throughout and sits within an attractive, mature landscape with generous parking facilities.

Our Milton Keynes office acted on behalf of Annington Homes to acquire its new office space, as well as providing building consultancy services.

Move enables improved access to UK-wide portfolio

Holly Dawson, Associate Director in our Office Agency team, said: “Annington Homes has relocated its regional office from the village of Warmington in Peterborough to Cranfield in Bedfordshire. The move allows the company to have better access to its UK-wide portfolio.”

Sally Parsons, Property Director at Annington Homes, said: “As we operate across England and Wales, we needed an office with strong transport links to our head office in central London and the national motorway network. Derwent House is centrally located and provides the connections we were looking for.

“LSH sourced a few potential properties in the area but Derwent House was the most suitable. The agents’ wealth of market knowledge ensured we secured favourable rent terms.”

Over 17,000 homebuyers helped by Annington Homes to date

Annington became one of the UK’s largest private owners of residential property following the purchase of 57,434 homes from the Ministry of Defence (MoD) in 1996. They have since invested time, money and expertise to regenerate thousands of these homes and return them to the national housing stock. To date, the company has helped over 17,000 homebuyers, many of which were first time buyers and key workers.


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