The HMRC hub topping outs are well underway and we recently witnessed the new HMRC London office, Stratford, reach its highest point.

The 297,328sq ft headquarters will home 4,400 public servants and is due to be complete in late 2020. When it was leased, the hub was projected to base 3,800 staff, but this has now risen in numbers to accommodate work on Brexit.

TFT has been appointed as fund monitor by L&G since January 2018 and is providing monthly reporting to the fund on various aspects of the project.

Katie Brooks, Associate at TFT who lead themonitoring team on the development said:

We are pleased to represent L&G on this exciting and high profile investment. The team at Westfield has been focussed on delivering the building to programme, and we have been impressed with the speed at which it has been constructed.

The ceremony was attended by the developers, Unibail-Rodamco-Westfield, funders Legal & General, senior executives at HMRC amongst numerous other stakeholders. This is one of a portfolio of nine similar developments funded by L&G that TFT is monitoring across the country.