Chiswick Park is on the market for £450 million, it has been confirmed.
Chiswick Park Unit Trust, the fund that owns the office space development, which is located close to Chiswick High Road, is inviting bids for the development, reportedly after investors issued redemption requests.
Prior to the star of the year, investors were unable to withdraw funds under the terms of the contract.
According to the Financial Times, it’s not yet known whether the fund’s managers, Schroders and Aberdeen Property Investors, will opt to sell off the entire fund or solely dispose of the commercial property on its books.
At full capacity, Chiswick Park can provide office space for some 10,000 workers across nine buildings.
A further two buildings have been mooted to be added to the 33 acre site, where current occupiers include Foxtons, the Discovery Channel, Singapore Airlines, Paramount and CBS Media.