Corporate digital signage may be useful in UBS office development
A new 700,000 sq ft building is set to grace the City of London's Broadgate Estate thanks to the signing of an agreement between real estate players British Land and Blackstone.
Corporate digital signage could be a useful tool for the firms to have as the new building is prepared to grace the premier City office estate, which also features retail and leisure space.
The new facility will be customised to meet the requirements of UBS AG, which signed a lease for the premises with Bluebutton Properties, a joint venture of the aforementioned firms.
Commenting on the deal, Chris Grigg, chief executive of British Land, said: "The transaction demonstrates the enduring appeal of this important City of London office estate.
"At the same time, the new building will enhance the overall quality of Broadgate while generating an attractive development return."
British Land is one of the UK's largest real estate investment trust with a portfolio valued at £13.5 billion.
