Portfolio

Home Office Headquarters, UK

Project capex

£200 million

Concession

29 years

HICL holding

100.00%

Sector

Accommodation

Region

UK

Finance, construct, operate, and maintain a Central London headquarters building for the Home Office

The Home Office Accommodation project is a 29 year concession commissioned by the UK Home Office to finance, construct, operate, and maintain a new headquarters building to replace its existing office accommodation with purpose-built serviced offices in Westminster, London.

The construction works involved the demolition of the existing offices on a 4.3 acre site, followed by the construction of a building comprising three purpose-built interconnecting office blocks to accommodate up to 3,450 staff.

The project reached financial close in March 2002. Construction was carried out by Byhome Limited, a joint venture between Bouygues (UK) Limited and its sister FM company (both subsidiaries of Bouygues Construction S.A.). The project involved capital expenditure of approximately £200 million.

The project was completed in January 2005 and has been occupied by the Home Office since that date. It is being operated and maintained by Bouygues Facilities Management (UK) Limited.