LONDON-Britannic Asset Management has been granted planning consent on appeal for a 125,000 sf redevelopment of the former Kensington Market site at 37/53 Kensington High Street and 5/13 Young Street, immediately to the east of Barkers department store in London’s West End.

The scheme will be the first major speculative Kensington office development for over 10 years, including a high-grade headquarters building of 44,300 sf at 47/53 Kensington High Street. In addition there will be a 14,225 sf office refurbishment at 37/45 Kensington High Street, and a 12,000 sf former office building in Young Street will be converted to residential.

The development also provides 30,000 sf of new retail space in one of London’s prime fashion led locations. Near neighbours include Zara, Miss Sixty, Urban Outfitters, Next and Miss Selfridge. The retail space will be split into two new flagship stores of 10,000 sf each plus three other units of between 1,750 sf and 4,500 sf and some catering units.

Demolition will commence immediately and the accommodation is scheduled for completion in late 2002. Chesterton is project managing the scheme and will be joint letting agent with Ian Scott International.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.