Grade A London Office Awarded Prestigious WELL Core & Shell Certified Gold

DWS and Stratford City Business District (SCBD) today announced the award of WELL Core & Shell Certification at the GOLD level for the recently constructed office property, 2 Redman Place, Stratford in East London.
The prestigious distinction was awarded through IWBI's WELL Building Standard (WELL), which is the premier building standard to focus on enhancing people’s health and wellbeing through the buildings where we live, work and play.

DWS acquired the 278,000 square foot property as a forward purchase in 2018 on behalf of its open ended institutional, core European real estate strategy, and one of its German retail real estate funds. It is located within the International Quarter London (IQL) mixed use neighbourhood, developed by Lendlease and regeneration specialist LCR, at the gateway to the Queen Elizabeth Olympic Park in Stratford.

Designed by RSHP Architects, with the objective to create a next generation workplace, wellbeing and sustainability were central to the buildings design. Cleverly integrated features throughout its internal and external structure rated highly against WELL's data driven, holistic accreditation standards across Air, Water, Light, Fitness, Comfort and Mind categories.

WELL is a performance-based certification system that marries best practices in design and construction with evidence-based scientific research. The building also scored highly on environmental performance, receiving a BREEAM Outstanding accolade. The consultancy for BREEAM and WELL was provided by Buro Happold, appointed by SCBD.

The property's highly rated wellbeing credentials include air filtration and high levels of fresh air ensuring optimum air quality and comfort for occupants is maintained. Daylight dimmed floor lighting and a sophisticated facade system provide automatic glare and solar control. Movement is encouraged through open, light filled staircases, and tenants have access to weekly fitness programmes at the 'Life at IQL' community platform. Views and daylight are standard for most desks, with comfort maximised through high quality internal environments.

Property management actively apply WELL's standard principles into the day to day running of the building.
Nicoletta De Bona Bottegal, Lead Portfolio Manager at DWS said: "This is an exceptional achievement for this property and reflects a great team effort between Lendlease and DWS. Receiving this well-recognised, independent certification by WELL reinforces our continued investment strategy to seek best in class, future proofed buildings in key European cities."

Benita Schneider, Head of Real Estate Asset Management for Europe at DWS added: "2 Redman Place joins a rare group of properties to receive a GOLD level certification by WELL. We are pleased to provide a space for our tenants that prioritizes a holistic approach to wellbeing as well as sustainability. DWS will continue to drive value creation through active asset management across our European portfolio."

Kristy Lansdown, Project Director, Lendlease, said: "We are immensely proud that 2 Redman Place has received WELL GOLD certification. The built environment sector produces c. 40% of global carbon emissions and it has never been more important to design workplaces that meet the highest standards of environmental performance and tenant wellbeing. 2 Redman Place is further evidence of IQL putting the health and wellbeing of its community at the top of our agenda and provides an important blueprint in Lendlease’s mission to be net zero carbon by 2025 and absolute zero carbon by 2040."

Ray Willis, Regional Director – London & South at LCR, said: "Developing enhanced public spaces and delivering against the government’s green goals hinges on progress and innovation in the built environment. 2 Redman Place sets an example for other projects to follow, and this WELL Gold certification is proof of that. Should future buildings demonstrate the same performance, we will take a marked leap to generating greater, lasting public value."

2 Redman Place is currently occupied by tenants including Cancer Research UK, the British Council and FNZ.

For further information please contact:

DWS
Montfort Communications
dws@montfort.london
+44 (0) 7885 654 636

DWS - Real Estate

DWS has been investing in real estate assets for more than 50 years. As part of the Alternatives platform, the real estate business has more than 450 employees around the world and almost EUR 69 billion in assets under management as of June 30, 2021. Providing a diverse range of strategies and solutions across the risk/return and geographic spectrums, we offer core and value-added real estate, real estate debt, real estate securities and opportunistic real estate. The real estate investment business employs a disciplined investment approach and aims to deliver attractive long-term risk adjusted returns, preservation of capital and diversification to its investors, which include governments, corporations, insurance companies, endowments, retirement plans, and private clients worldwide.

About DWS Group

DWS Group (DWS) is one of the world's leading asset managers with EUR 859bn of assets under management (as of 30 June 2021). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients' future.

About Lendlease

Lendlease is a leading international property and investments group with operations in Australia, Asia, Europe and the Americas. Our purpose is: Together we create value through places where communities thrive. Headquartered in Sydney, Australia, and listed on the Australian Securities Exchange, Lendlease has approximately 10,900 employees internationally. Our core capabilities are reflected in our operating segments of Development, Investments and Construction.

About LCR

A skilled commercial developer and the UK Government’s placemaking expert, LCR has a 25-year track record of creating exciting new destinations for people to live, work and experience. It leads on the regeneration of complex sites, working with public and private sector partners to deliver homes and jobs and create value from transport-linked land and property assets. LCR is wholly-owned by the Department for Transport.

LCR was responsible for the delivery of the High Speed 1 railway comprising St. Pancras International, Stratford International and Ebbsfleet. It also led the complex land assembly and master-planning to unlock the £3bn mixed-use redevelopment of Kings Cross – one of London’s most successful regeneration stories – and, as part of the Stratford City Business District, the £2.4bn transformation of International Quarter London, Stratford.