Estate agent paints the town green with new sustainable offices

A London estate agent has launched a new environmentally friendly office block development.

The new offices by KALMARs are at 15 Blue Lion Place in South London and have been given a ‘very good’ rating by the sustainability assessment method BREEAM.

This ‘green’ specification includes low energy air source heat pumps, LED lighting throughout and low energy heating and cooling systems.

The development provides 5,000 sq ft of office space across five storeys, with three floors already being let or under offer.

According to KALMARs’ first quarterly report for 2020, South London’s office market has seen increased activity since the start of the year, allowing for rents that had decreased since quarter two of 2017.

It said that rents are now likely to significantly rise, creating ‘eminent investment opportunities’ for tenants in the office rental market.

Joel Dela Cruz, associate director of KALMARs’ commercial department, commented: “15 Blue Lion Place is not only a sustainably and environmentally friendly alternative to generalised office space in South London, but also a future investment opportunity.

“With the substantial increase of activity in South London’s office market in 2020 and a higher demand in the sector due to the lifting of 2019’s political fog, a rental investment at 15 Blue Lion Place would be a fantastic opportunity.”