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Barwood Capital tops out at Explore office scheme in Richmond

26 January 2024
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Barwood Capital revealed a milestone for its new office building scheme in Richmond - topping out at the site called Explore.

Formerly known as Eton House, the building was acquired by Barwood’s Regional Property Growth Fund IV in December, 2021 with the aim of refurbishing it to prime sustainable office space.

READ MORE: Aztec West office buildings sold for industrial redevelopment in Alder King deal

This work has been carried out by RED Construction Group with Moorevale the development manager.

A ceremony was held on January 10 this year where the team gathered to celebrate the building’s topping out (reaching the highest point).

"Demand for high quality, sustainable and amenity focused office space remains strong in Richmond, where there’s a shortage of Grade-A accommodation," said Adam Smith, asset management director at Barwood Capital.

"With sustainability and wellbeing at the forefront of the design, Explore delivers a best-in-class option that meets the priorities of businesses today."

Charlie Bishop, director at Moorevale, added: "As well as its excellent residential provision and good local schools, Richmond enjoys a thriving food and drink scene and has much to offer for businesses and their employees.

"Quick access to the centre of London via train, plus close reach to the M4, M3 and beyond, further adds to the town’s appeal and we’re expecting strong demand for space at Explore Richmond."Explore offers 45,000 sq ft of space and is targeting BREEAM Excellent, Net Zero in operation and an EPC A rating.

Amenities include 42 cycle parking spaces, a communal lounge, gym plus changing rooms and showers.

Visit Hampshire Biz News for bright, upbeat and positive business news from the county


Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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