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.

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