Olympian Homes to transform former UTV HQ into resi scheme (GB)

Olympian Homes to transform former UTV HQ into resi scheme (GB)

Havelock House, the former headquarters of UTV, Northern Ireland’s largest commercial television broadcaster for almost 60 years, has been acquired by UK development firm, Olympian Homes. The company plans to redevelop Havelock House and deliver a professionally managed, purpose-built Build-to-Rent residential scheme. The acquisition of Havelock House will be the third scheme to be added to the company’s Build-to-Rent development pipeline. The sale was handled by Savills Northern Ireland. The purchase price was not disclosed. 

 

Oonagh Forster, Finance Director ITV News said: “The successful sale of Havelock House brings us to the end of the UTV office move project, and we are delighted that contracts have been exchanged. UTV is now well-settled in its state of the art studio and offices at City Quays 2 at Belfast Harbour Estate.” 

 

Simon Murray-Twinn, Chief Executive Officer at Olympian Homes, said: “This is an exciting addition to our investment in Belfast and our development will bring much-needed homes for people working and living in the city centre. We aim to build a vibrant community who will enjoy the fantastic location which is a convenient walk into the central business district and the Gasworks opposite. We are looking forward to a positive collaboration with the city again to achieve a result much like we have seen with our recently completed student accommodation on Great Patrick Street.”  

 

Commenting on the sale, Simon McEvoy, Divisional Director at Savills Northern Ireland said: “From the launch of the sale, Havelock House generated strong local and international interest. We’re delighted with the outcome and look forward to seeing Olympian Homes progress its plans for the property.”

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