Proposals would add nearly 180,000 sq ft to the Spitalfields block
The 54-storey tower will become one of the tallest in the Square Mile
Offices onsite are let to Queen Mary University of London until mid-2035
Knight Frank and the CPA highlighted six requirements making up a tenth of active demand in London
11-12 Hanover Square is being marketed as an opportunity to cash in on rising Mayfair rents
The Canadian bank had previously considered a move to Brookfield’s One Leadenhall
UK’s regional office markets saw their highest full-year take-up since 2019
TfL interjection prompted withdrawal from consideration by Westminster committee last week
The deal will see the bank sign a 21-year lease upon completion in 2027
The prime, multi-let asset brings in an annual rental income of more than £1m per annum
The new partner will take a 50% stake in the asset while BL and GIC each retain a quarter
Redevelopment talks began when core tenant Latham & Watkins announced its departure in 2019