Trilogy secures record rent at Docklands block
Trilogy Real Estate and LaSalle Investment Management have secured a record rent at their 275,000 sq ft Import Building at East India Docks, E14.
The pair have agreed a deal with LCA Education Group to expand its space the scheme from 120,000 sq ft to 136,290 sq ft across five floors at a rent of £37.50 per sq ft.
LCA, which operates multiple universities on site, including Anglia Ruskin University London, University of Northampton London and University of Central Lancashire London, first moved to the scheme in 2019.
Trilogy Real Estate and LaSalle Investment Management have secured a record rent at their 275,000 sq ft Import Building at East India Docks, E14.
The pair have agreed a deal with LCA Education Group to expand its space the scheme from 120,000 sq ft to 136,290 sq ft across five floors at a rent of £37.50 per sq ft.
LCA, which operates multiple universities on site, including Anglia Ruskin University London, University of Northampton London and University of Central Lancashire London, first moved to the scheme in 2019.
The Import Building forms part of the wider Republic development, a 720,000 sq ft innovation campus that combines the world of education with the future of work. Tenants include the University of the West of Scotland, York St John University, the Global Banking School and City Gateway.
In October 2023, Republic received planning consent for a 940,000 sq ft expansion of the campus to include student accommodation and university buildings, build-to-rent housing and a data centre.
Laurence Jones, head of asset management at Trilogy, said the fresh deal with LCA supported the growth and development of the education sector.
“By providing more space for learning and research, we are investing in the future leaders of tomorrow and fostering a culture of innovation and collaboration that will benefit the entire mix of occupiers at Republic,” he said.
CBRE advised on the deal.