Mitsui Fudosan has relocated its European Head Office to Berger House at 38 Berkeley Square, W1.
The leading developer is in the process of increasing its presence in the UK and Europe, and taking advantage of current market opportunities it has signed up for a new office lease.
The UK arm of Japan's leading property company, which set up its London office more than two decades ago, focuses on investing in developing and managing prime commercial and mixed-use properties in the London market, with a long-term plan to grow its business in the UK and Europe.
Mitsui Fudosan UK and Stanhope have commissioned up-and-coming contemporary artist Esther Stocker to create two pieces of artwork for its development at 5 Hanover Square in London's West End.
Westminster's Public Art Panel gave its approval on 23rd February for the artwork to be installed on one of the exterior walls of the new building along Hanover Street. Although only required to install one piece of art by Westminster City Council, MFUK has commissioned two pieces from Stocker. Stocker will produce two dramatic black and white marble pieces, the second of which will be installed in the reception area of the building.
The work incorporates a series of irregular white marble grid-like patterns inset on a black marble backdrop.
Stocker said of the work: "Architecture starts from regularity of construction, which is necessary, but it still has to allow for different situations, so this is one of the starting points for the work. In life there is always something that is not the same, despite regularity."
"The work will have a 'visual rhythm', despite the apparent lack of a recurring pattern", she said.
The monochromatic colour scheme is typical of Stocker's work, a reflection of her interest in the complexity that can be conveyed even when colour is reduced to its simplest form.
Stocker, who was born in Italy but is now based in Vienna, Austria, held her first solo exhibition in 1997, and her work has since been the subject of 24 solo exhibitions.
In December, The Independent's Charles Darwent named her "Newcomer of the Year" following her debut London exhibition "What I Don't Know About Space" at Museum 52.
