31 March 2016 | Herpreet Kaur Grewal
Global real estate adviser CBRE has been appointed by real estate development firm Sinarmas Land to provide day-to-day property management services to the 240,000 sq ft Alphabeta Building in the City of London.
The building, previously known as Triton Court, has undergone renovation and refurbishment by contemporary architects Studio RHE in recent years.
It is in ‘Tech City’ at the intersection of Silicon Roundabout, Shoreditch and the City. The building sits in a hub known for creative and commercial invention.
The building has eight floors of adaptable single or multi-tenanted office space, with a combination of modern finishes and historical architecture.
It is nine storeys high, and has a central atrium that shapes the lobby and the various informal meeting places it overlooks.
The eighth floor terrace – also known as The Deck – provides panoramic views across the city, and at ground level the highest sustainability credentials are upheld with the ride-in-cycle facilities on offer.
The ‘cycle-friendly’ approach to work provides a dedicated entrance and ramp at the centerpiece of the building that allows cyclists to ride in directly.
As part of the creative and commercial invention, occupiers of the building are encouraged to use the new estate management technology provided by Locale Ltd. The cloud-based portal ensures that deliveries, maintenance, bookings, and staff schedules all communicate with each other instantly, seamlessly and efficiently.
In July 2015, CBRE’s Central London Investment Properties team advised Sinarmas Land on the purchase of the building from previous owner Resolution Property in a £280 million deal. The acquisition was Sinarmas Land’s third and largest acquisition in London.
Alison McDonald, head of central London, UK Asset Services at CBRE, said: “Following its refurbishment, the Alphabeta building has attracted huge publicity for its top-class facilities including its ‘ride-in-cycle’ design. As a result, the perception of how an office must look, feel and operate is changing.”