Shoreditch and Spitalfields Outperform West End and City
Responding to Property Week’s report on why East London areas such as Shoreditch and Spitalfields are outperforming the more traditional commercial addresses, Tom Appleton, director at Rocket Investments said:
“The London Markets Report confirms what we have anticipated over the past few years; that the area around Old Street and Shoreditch is the No. 1 location for business and growth.”
“We have seen a huge shift in the kind of businesses that are expressing interest in our schemes, with both creative and technology businesses now sitting alongside the corporate names that appreciate the many benefits of the area. It is exciting to see that developments, such as Provost & East will complement the existing offerings so that the market can continue to cater for the flexible needs of small and medium sized enterprises that give Shoreditch its unique character.
“We work with our architect, planning and agency partners to make sure that development investment is made to create a building that benefits the whole community – whether it’s supporting the local businesses with a wide retail offering or providing residents with the provision of high quality, well-designed housing and accessible public realm areas.”
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