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Derwent London is pleased to announce that Westminster City Council has ratified the amendment to the existing planning consent for the refurbishment and extension of 1 Page Street SW1. The Group announced in February 2012 that it had pre-let the entire proposed 127,000 sq ft building to Burberry, the iconic British luxury fashion brand subject to receiving this amendment.

The scheme will increase the floor area by 8% whilst the existing glazed exterior will be replaced with an elegant masonry façade. Completion is estimated for mid 2013 and capital expenditure to complete the refurbishment is forecast at £30m.

Burberry has an established presence in the area with its global headquarters located at Horseferry House, owned by Derwent London, immediately opposite Page Street.