£33,300,000 – Southeast England

The development will see the transformation of a remarkable Grade II listed building into a sustainable and cutting-edge workspace, with a wellness offering and extensive amenities. The project is being led by highly experienced counterparties in Longstock Capital and Mactaggart Family & Partners, with works having commenced in September 2022.

The 6-storey development was originally occupied by the paper manufacturer, Wiggins Teape, and comprises 150,000sqft, including several unique features, most notably a series of cascading roof terraces designed by the renowned horticulturalist and landscape gardener, James Russell. Crucially, the new development will have a high focus on sustainability, designed to achieve an EPC A rating, BREEAM Outstanding, WELL Platinum and WiredScore Platinum certifications. The property is set to be rebranded under the name of Plant, in tribute to the garden terraces and wider sustainability features.

The development supports suburban regeneration and economic growth in the Basingstoke area, and represents Puma’s second substantial loan into sustainable, high-quality office space.