Monday 27 June 2016

RO REAL ESTATE BEGINS SPECULATIVE WEYBRIDGE PROJECT

27/06/16


Work has begun on RO Real Estate’s speculative development of Dakota at Brooklands in Weybridge. RO Real Estate will deliver a self-contained Grade A statement office comprising 35,582 sq ft. Dakota will be prominently situated at the entrance of the business park which has attracted a number of high profile occupiers including LG, Sony Europe, Samsung, JTI UK, Daikin, Regus, Proctor & Gamble and Mercedes Benz.

Upon completion, which is scheduled for March 2017, Dakota will offer four floors of high quality modern office space, with the largest floorplates extending to 11,200 sq ft.  Future occupiers will also benefit from the 122 dedicated car parking spaces, 30 cycle spaces and 8 shower facilities that the building will offer.

Richard Bourne, head of RO Real Estate said: “It’s proximity to both road and rail means that Dakota is well positioned to offer unrivalled connectivity to both London and the wider south east.  The location combined with the high specification of the offices and the car parking provision positions Dakota to capitalise on occupiers’ needs for quality space and multi-modal transport options.”

Rhodri Shaw, partner in national markets office agency at Strutt & Parker, leasing agents on Dakota, said: “Weybridge outperformed most of its Surrey neighbours in 2015 in terms of take-up and demand for space continues. Rents in the town have surpassed their pre-recession high and record rents now stand at £36.00 per sq ft, illustrating Weybridge’s appeal to occupiers. Dakota’s ability to offer self-contained Grade A space within an established business park will ensure that it has far-reaching appeal to occupiers.”

Strutt & Parker and New Ballerino have been appointed as joint agents at Dakota.

- Ends -

For further information:
Edward Rowlandson / Nick Moore, RO Real Estate 
01707 601400 / 0207 025 1780
info@rogroup.co.uk

Kirsty Allan, Tavistock
020 7920 3150


Notes to Editors:
RO Real Estate is a privately-owned company specialising in commercial property investment and development in the south east. It is the property division of the RO Group, which has majority interests in businesses involved in residential development, high-quality holiday lodge developments, domiciliary and specialist care services.