Kier will demolish the property, which it has purchased from Haymarket Media Group, and build a 59,400 square feet office building reaching seven storeys in height.
“This is our largest purchase in the West London office market to date and forms part of our big acquisition drive in the capital," said Kier Property director Leigh Thomas according to the reports. “It demonstrates Kier Property’s ability to purchase sites without the need to seek external finance, underpinning our reputation as an ambitious business, eager to do deals,” he added.
Kier said it expects to start development on the site after March 2014 when the property becomes vacant.
