International property consultant Gerald Eve, which operates in the UK, Europe and major US markets and has an annual turnover of £54.3m, has renewed its lease in 35 Kings Hill Avenue. Its Client Accounting division is based there, providing services in connection with business rates payments and property management finance.
"From this office we produce budgets, forecasts and financial statements for clients, including AJ Gallagher, BP, Costa, Halfords, Heathrow Airport, KFC, Superdrug and WH Smith to name but a few," said partner Andrew Rudd. "We also process payments in excess of £1.5billion annually, so it is an important part of the business.
"We wanted to stay at Kings Hill because it offers a highly landscaped contemporary workplace, with good connections to London and motorway links. It is also convenient for our staff and provides a good range of on-site retail and leisure amenities."
The firm moved to Kings Hill in 2004, taking a small office in Churchill Square with just three staff. It moved into larger offices in 2011 and 28 staff are now based there.
"In the 12 years since Gerald Eve moved here there have been a lot of positive changes at Kings Hill with many more shops, restaurants and leisure amenities," said Andrew Blevins, managing director of Kings Hill developer Liberty Property Trust. "We are delighted that they have decided to stay here and hope they will remain with us for many years to come."
Altus Group, Hanover Green and Knight Frank acted for the landlord.
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Notes to Editors:
Liberty Property Trust UK Ltd is a subsidiary of US-based Liberty Property Trust, a Real Estate Investment Trust, listed on the New York Stock Exchange. Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 96 million square foot portfolio includes 566 properties which provide office, distribution and light manufacturing facilities to 1,200 tenants.
Liberty Property Trust UK Ltd is developing Kings Hill - www.kings-hill.com - as a rapidly growing sustainable community in line with the National Planning Policy Framework (NPPF), ensuring economic, environmental and social progress for this and future generations. Kings Hill combines commercial, residential, educational, retail, community, sports and leisure uses within 800 acres of highly landscaped low density parkland and aims to promote quality of life by providing a unique environment in which people can live, work, play and study. In addition to providing accommodation for SME's, Kings Hill also attracts significant international tenants such as Barclays, Voyages SNCF (formerly Rail Europe), Cabot Financial, Marsh, Arthur J Gallagher and Kimberly-Clark.
Liberty Property Trust UK and Kent County Council formed a collaborative public/private sector "partnership" to develop Kings Hill as an exemplar mixed-use community. Kings Hill is the County's flagship development for attracting inward investment and promoting regional economic growth.