IVG Institutional Funds GMBH, represented by international real estate advisor Savills and Altus Edwin Hill, has let the ground floor at The Building, 578-586 Chiswick High Road, London, W4 to Television Versioning & Translation Ltd (TVT).

TVT offers versioning, localisation and media supply services and has taken a new 10 year lease on office space totalling 3,923 sq ft (364 sq m). The company will pay £25 per sq ft (£269 per sq m), which equates to £98,075 pa.

Other tenants at the property include Taleo and Broadcast Text International. Two floors remain available comprising 5,000 sq ft each (464 sq m).

Andrew Willcock at Savills comments: "The Western corridor of M25 has seen a good level of demand from corporates this year and The Building, which lies close to the heart of Chiswick, continues to attract excellent levels of interest."

TVT was represented by Laurence Bird & Co.