Development Securities Appoints CBRE and GVA for Major City Centre Development

As Development Securities unveils its first images of its proposed £20m, 60,500 sq ft office development, it has also announced that CBRE and GVA have been appointed to act as joint letting agents on the office development planned for central Southampton.

The seven-storey scheme, known as Aqua will be located on West Quay Road between the Premier Inn hotel and Carnival UK’s new headquarters building. Development Securities is to develop the office block on behalf of the Local Authority and it will see the completion of the regeneration of West Quay III.

DevSec Director Julian Barwick said: “Once complete, Aqua will be the best new office development in Southampton, which currently has a very limited supply of high-quality commercial space.  The final phase of West Quay’s regeneration is underway and once complete will provide a great location for businesses looking for quality office space.”

Commenting on the appointment, James Brounger, Managing Director of CBRE in Southampton said: “We are particularly pleased to be working with Development Securities on this instruction as it is one of the best development sites in the City.”

Bruce Hibbert, Director, GVA added: “With floorplates from 5,000 sq ft to 10,000 sq ft, Aqua will provide an opportunity for more companies to join Carnival, and secure new quality offices in this great location at West Quay”