Kenneth Booth
Why hotels and hospitality venues present unique maintenance challenges and how FM teams can overcome them

Why hotels and hospitality venues present unique maintenance challenges and how FM teams can overcome them

From budget hotel chains to luxury resorts and large restaurant groups, hospitality venues face some of the most complex operating environments, regulatory obligations, and maintenance requirements.  These properties contain a wide variety of spaces, building systems and assets, from bedrooms and event spaces to commercial kitchens, HVAC and water systems,

Read More »
Local government reorganisation review: Ensuring continuity in the face of uncertainty

Local government reorganisation review: Ensuring continuity in the face of uncertainty

Karen Carter, public sector director at public procurement specialist Pagabo, has shared her thoughts following the government’s announcement on its intention to review plans for local government reorganisation (LGR) and ensure alignment with its wider plan to rewire the state.     Karen said: “This week’s announcement adds another layer of uncertainty for councils that have

Read More »
LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Investment Management has secured an additional commitment of more than £300 million for a UK local authority investment mandate, taking the strategy to £1 billion and providing further capital for investment across the country’s property market. The expansion represents a significant vote of confidence in UK real estate at

Read More »
Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger has reported continued strong demand across its Build to Rent (BTR) portfolio as the UK’s largest listed residential landlord advances a development pipeline that includes its newly approved 425-home Cambridge North Residential Quarter. The FTSE 250 property company’s latest trading update, covering the 11 months to the end of

Read More »
Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Biophilic design and plant maintenance specialists Universal Floral have achieved Carbon Neutral Certification in partnership with Carbon Neutral Britain™, demonstrating a genuine commitment to ESG principles and clear alignment with internal sustainability values. Universal Floral works with clients across the world to transform corporate spaces through plant displays, moss walls

Read More »
Right to Manage activity hits record highs, new index reveals

Right to Manage activity hits record highs, new index reveals

The research reveals RTM formations hit record highs in 2025, with 2026 set to see even higher numbers Almost 1,000 groups of leaseholders became RTMs in 2025; a 79% increase in just six years Right to Manage (RTM) company formations have hit an all-time high, according to a new industry

Read More »
KPE Receives green light for the refurbishment and modernisation of Grade A Soho office building

KPE Receives green light for the refurbishment and modernisation of Grade A Soho office building

·      Westminster Council has approved the refurbishment and modernisation of Kajima Properties Europe’s 27 Soho Square, a 31,000 sq ft Grade A office building in the heart of Central London. ·      The approved plans will revitalise the asset through a refurbishment of existing space, improvement of sustainability credentials, accessibility and

Read More »
Watkin Jones Strengthens UK BTR Portfolio with Two Major Scheme Completions

Watkin Jones Strengthens UK BTR Portfolio with Two Major Scheme Completions

Watkin Jones has completed two major Build to Rent (BTR) developments during its 2026 financial year, marking further progress for the residential developer as it continues to deliver large-scale schemes despite challenging market conditions. The completions represent another important milestone for Watkin Jones, which has established a significant presence across

Read More »
Latest Issue
Issue 344 : Sep 2026

Kenneth Booth

Why hotels and hospitality venues present unique maintenance challenges and how FM teams can overcome them

Why hotels and hospitality venues present unique maintenance challenges and how FM teams can overcome them

From budget hotel chains to luxury resorts and large restaurant groups, hospitality venues face some of the most complex operating environments, regulatory obligations, and maintenance requirements.  These properties contain a wide variety of spaces, building systems and assets, from bedrooms and event spaces to commercial kitchens, HVAC and water systems, lifts and leisure facilities.  Maintenance is therefore critical not only to compliance and long-term asset value but also to guest satisfaction and brand reputation, meaning there is little room for disruption or error, especially during periods of peak occupancy.   Matt Voyle, Senior Account Executive at SFG20, the industry standard for hotel facilities management, has shared the key challenges facing hotels and hospitality venues today and why a structured approach to planned maintenance is essential for FM teams operating across the sector. A significant water-safety risk in hotels and hospitality venues is Legionella. When guest rooms, outlets, or sections of a water system are used infrequently, water can stagnate and create conditions favourable to bacterial growth. Seasonal properties and temporarily closed wings therefore require particular attention.  Control should be based on a suitable risk assessment and managed by someone with the appropriate knowledge and training. Depending on the systems and the findings of the assessment, measures may include temperature control, regular flushing of infrequently used outlets, inspection, cleaning and descaling, and documented checks. FM teams can strengthen control by maintaining reliable information about their water systems and implementing a risk-assessment-led maintenance regime. Appropriate monitoring technology may support this approach, but it does not replace the required assessment, controls, and documented checks.  Unlike offices or retail environments, where lower-occupancy periods allow planned maintenance to take place with minimal disruption, hotel and hospitality venues have to accommodate guests day and night.  Hotels, as well as cafes and restaurants, have very small downtime windows, giving little time for anything other than routine checks. This means small issues can go unnoticed, potentially developing into larger problems further down the line.  Maintenance planning must therefore avoid a one-size-fits-all approach and instead be precise and structured around the operational realities of each property rather than being generically applied across the estate.  The condition and performance of hotel and hospitality buildings is highly visible to guests, meaning there’s zero room for failure. Issues with HVAC, hot water, lifts, lighting, plumbing or other facilities can quickly lead to complaints, negative reviews and lost return business. Common issues include water temperature problems, noise complaints, humidity, kitchen extract failures, false fire alarms and out-of-service lifts, which can all impact accessibility and guest satisfaction. For hotel management companies overseeing maintenance across multiple properties, consistent FM performance is essential for meeting brand standards, supporting owner and operator reporting and protecting the long-term value of assets. Large hotel and hospitality operators often manage estates spanning properties of different ages, formats, historic importance and building types, each with their own asset profiles and maintenance histories. This creates additional complexity for FM teams, particularly when managing heritage properties that may be subject to planning or conservation constraints alongside independently branded and franchised sites with different standards and owner expectations. Without a common maintenance baseline, standards can vary and compliance gaps can emerge, while inconsistencies become increasingly costly to resolve as portfolios grow. Holiday parks and resorts present a particularly complex FM environment, combining different accommodation types such as lodges, holiday homes, cottages, and apartments with commercial kitchens, dining areas, pools, gyms, entertainment facilities, and outdoor amenities. The diversity of these building types, as well as asset ages and infrastructure, combined with seasonal demand, makes it difficult for FM teams to apply a generic maintenance approach. This becomes even more complex when it comes to all-inclusive resorts, where guests have limited alternatives to facilities on site.  Matt Voyle adds:  “With maintenance varying from property to property, having a trusted framework for planned maintenance, organisations and venues can create a more consistent and structured approach. For hotels and hospitality organisations, that means identifying applicable maintenance tasks and recommended frequencies, distinguishing statutory requirements from industry best practice, and documenting where site-specific tailoring is needed. Hospitality estates vary widely. A strong approach combines a consistent baseline with controlled, evidence-based tailoring, creating a maintenance regime that is practical, auditable and commercially workable Download SFG20’s free e-guide, How Hotels and Hospitality FM Teams Can Improve Compliance, Control Costs and Run More Efficiently, for practical guidance on reviewing and strengthening your maintenance approach.” Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Local government reorganisation review: Ensuring continuity in the face of uncertainty

Local government reorganisation review: Ensuring continuity in the face of uncertainty

Karen Carter, public sector director at public procurement specialist Pagabo, has shared her thoughts following the government’s announcement on its intention to review plans for local government reorganisation (LGR) and ensure alignment with its wider plan to rewire the state.     Karen said: “This week’s announcement adds another layer of uncertainty for councils that have already spent months planning for reorganisation. Four areas have had their plans withdrawn, another 14 are paused pending review, and the 2027 elections will now be fought on existing boundaries.   “For the teams involved, that’s a lot more work suddenly required without a clear landing point. But the fundamentals haven’t changed. Schools still need building, homes still need delivering, and estates still need maintaining. None of that waits for a structural decision in Whitehall. The risk in moments like this is that authorities press pause on everything, not just reorganisation, and lose a year of delivery to a decision that isn’t theirs to make. It’s vital that local authorities remember that successful transition will depend not only on the governance design, but on collective leadership and the ability to maintain shared action while navigating the road ahead.     “Our advice remains the same as prior to this latest government announcement. That is to keep statutory service delivery moving and focus on decisions that will be unaffected by reorganisation. This means procuring through compliant, flexible routes that transfer cleanly to whatever structure eventually emerges. Similarly, ensure contract, asset and supplier data is in order because that is the groundwork every future authority will need regardless of how new boundaries are formed. Finally, keep the relationships with your supply chain warm so that you can move quickly when clarity comes.   “Uncertainty is not the same as standstill. The authorities that come through this best will be the ones that use the pause to get their house in order – rather than waiting to be told what shape they’ll be.”  For more information and guidance, check out Navigating Local Government Reorganisation – which was recently published by Pagabo.    Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Investment Management has secured an additional commitment of more than £300 million for a UK local authority investment mandate, taking the strategy to £1 billion and providing further capital for investment across the country’s property market. The expansion represents a significant vote of confidence in UK real estate at a time when institutional investors are increasingly focused on assets capable of delivering resilient, long-term income alongside strong environmental and social performance. The mandate is being led at LaSalle by Sophie Simmonds and Philip La Pierre, with the additional capital significantly increasing the scale of the investment programme. For the UK built environment, the commitment has the potential to support further investment across property sectors where long-term institutional capital can play an important role in development, regeneration and the improvement of existing assets. Residential property, including Build to Rent (BTR), remains one of the areas attracting significant institutional attention as investors look towards professionally managed housing and other living sectors as part of diversified real estate strategies. The increase in LaSalle’s mandate to £1 billion also comes against a backdrop of continued change across the UK property investment market. Investors are increasingly assessing buildings not simply on location and rental performance, but on energy efficiency, operational performance, sustainability and their ability to meet changing occupier requirements. This creates opportunities throughout the construction and property supply chain. Institutional investment into new and existing assets can support development, refurbishment, retrofit, building services upgrades and improvements to public realm, while also creating longer-term requirements for asset and facilities management. LaSalle is one of the world’s major real estate investment managers, operating across a broad range of property sectors and investment strategies. The latest commitment provides the business with substantially greater capacity to pursue UK opportunities on behalf of its local authority mandate. With more than £300 million of additional capital now committed and the mandate reaching the £1 billion mark, the move demonstrates the continuing importance of large institutional investors to the future of the UK property market. For developers and the wider construction sector, the deployment of that capital will now be closely watched, particularly as investment opportunities emerge across residential and BTR, regeneration and other areas of the built environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Norton Rose Fulbright strengthens real estate practice with appointment of new partner

Norton Rose Fulbright strengthens real estate practice with appointment of new partner

Global law firm Norton Rose Fulbright has strengthened its real estate practice in London with the appointment of Simon Woodcock as a partner. Simon joins from Goodwin Procter. He advises on a broad range of transactional real estate matters, including direct and indirect investment, landlord and tenant matters, development and asset management. His practice spans multiple asset classes, including office, retail, student accommodation, PRS and industrial. Simon has significant experience advising investors, developers, asset and fund managers, and financial institutions on high-value UK and pan-European transactions. He brings strong relationships across the real estate sector and a track record of delivering on complex mandates. His appointment further enhances Norton Rose Fulbright’s real estate offering and supports the firm’s continued growth across key sectors and markets. David Hawkins, partner at Norton Rose Fulbright, commented: “Simon is a highly regarded real estate lawyer with an impressive track record advising on major UK and European transactions. His experience, market reputation and client relationships make him an excellent addition to our team.” Simon Woodcock commented: “Norton Rose Fulbright’s international platform and sector strengths provide a compelling proposition for clients operating in today’s market. I’m excited to join the team and look forward to helping clients deliver their most important real estate projects and investments.” Simon’s appointment forms part of Norton Rose Fulbright’s continued investment in its real estate practice and reinforces the firm’s ability to support leading investors, developers and institutions on complex transactions.  Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger has reported continued strong demand across its Build to Rent (BTR) portfolio as the UK’s largest listed residential landlord advances a development pipeline that includes its newly approved 425-home Cambridge North Residential Quarter. The FTSE 250 property company’s latest trading update, covering the 11 months to the end of August 2026, showed occupancy remaining above 96%, alongside like-for-like BTR rental growth of 3%. Grainger now owns and manages more than 11,000 rental homes across the UK and remains focused on expanding its purpose-built rental portfolio. A significant development milestone during the period was planning approval for Cambridge North Residential Quarter, which will become Grainger’s first investment in Cambridge. The 425-home scheme is being brought forward on railway land adjacent to Cambridge North station through blocwork, the joint venture between Network Rail property company Platform4 and developer bloc. Grainger is lined up to forward fund the development and, once completed, will operate and manage the new rental homes. The project will provide a mix of one, two and three-bedroom apartments within a new residential neighbourhood designed to take advantage of its highly connected location. The wider proposals include linear parks, pocket gardens, tree-lined streets and active ground-floor uses, with walking, cycling and public transport forming an important part of the development strategy. Franklin Ellis Architects is involved in the design of the Cambridge North Residential Quarter, which forms part of the continuing transformation of land surrounding the station. The Cambridge investment reflects Grainger’s wider strategy of targeting well-connected UK cities where demand for professionally managed rental housing is supported by employment, transport infrastructure and constrained housing supply. Grainger is also progressing another partnership opportunity with Platform4 and blocwork in Nottingham, where a planning application has been submitted for a further 252 BTR homes. Alongside development activity, Grainger is targeting significant earnings growth from its committed BTR pipeline. Chief executive Helen Gordon said the company remains on track to grow earnings by 35% between FY25 and FY29, supported by new Build to Rent developments moving into operation. The company is simultaneously progressing an accelerated disposal programme covering approximately £850 million of non-core assets, while targeting a £300 million to £350 million reduction in net debt by the end of FY29. With high occupancy, continued rental growth and new developments advancing through planning, Grainger’s latest update highlights the growing maturity of the UK BTR sector. Cambridge North is particularly significant, combining institutional investment, residential development and transport-led regeneration to create a substantial new rental community in one of the UK’s strongest regional property markets. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Biophilic design and plant maintenance specialists Universal Floral have achieved Carbon Neutral Certification in partnership with Carbon Neutral Britain™, demonstrating a genuine commitment to ESG principles and clear alignment with internal sustainability values. Universal Floral works with clients across the world to transform corporate spaces through plant displays, moss walls and scalable plant-rich living walls. Achieving carbon neutral status for their UK operations was therefore a significant milestone, embedding environmental and sustainability principles into the heart of the organisation by independently measuring carbon emissions and taking steps to reduce environmental impact.   With UK businesses accounting for up to 85% of UK greenhouse gas (GHG) emissions, corporate action is essential in helping to stop climate change. In line with international targets, GHG emissions must halve by 2030 and reach net zero by 2050. Between May 2025 and April 2026, Universal Floral offset 25.3 tonnes of CO₂e against 17.5 tonnes, their total carbon footprint. Marie Caffrey, CEO, Universal Floral said: “Partnering with Carbon Neutral Britain™ to measure and offset our carbon emissions in the UK marks an important step on our sustainability journey. “We have gained a clearer understanding of where our emissions come from and where we can make the biggest improvements. For example, it was identified that our main emissions came through indirect carbon emissions (Scope 3), and this for us, was business travel. “We are now taking action to reduce emissions in this area, such as encouraging the team to take public transport or arranging virtual meetings in place of short-haul, domestic flights.” Through the Carbon Neutral Britain™ Woodland Fund™, Universal Floral offset their total carbon emissions through internationally certified carbon offsetting projects chosen for their environmental, humanitarian and ethical impacts: Additionally, Universal Floral have contributed to several UK-based rewilding and restoration initiatives including Haymeadow Restoration and Rewilding, Sea Grass Recovery and Protection and Marston Vale Forest Creation. Caffrey added: “Achieving this certification is a proud milestone for the entire team, particularly as we have been able to offset well over 100% of our total carbon footprint. The national and international projects we are supporting are actively contributing to vital global climate mitigation efforts, from blue carbon restoration to community reforestation and endangered species protection. “Taking direct action to reduce our own emissions while supporting verified, world-class environmental initiatives reinforces our commitment to sustainability and our environmental values. “Moving forwards, we are working towards 2030 and 2050 aligned targets via the globally recognised net-emissions approach, focusing on key emissions hot spots to achieve meaningful reductions.” Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Right to Manage activity hits record highs, new index reveals

Right to Manage activity hits record highs, new index reveals

The research reveals RTM formations hit record highs in 2025, with 2026 set to see even higher numbers Almost 1,000 groups of leaseholders became RTMs in 2025; a 79% increase in just six years Right to Manage (RTM) company formations have hit an all-time high, according to a new industry index. New research by property management firm Placekeeper Management has revealed there were 986 RTMs established in 2025; the highest ever recorded. The trend shows no sign of slowing down either, with 578 RTM companies already formed by the midpoint of 2026, putting the year on track to set yet another record. The findings show a huge disparity between RTM activity and the wider UK housing market, with resident-led management activity continuing to accelerate even as housebuilding and management company formations fall. To track this trend over time, the Altrincham-based property management firm has developed the Placekeeper RTM Index: a figure that compares RTM formation activity with housing completions against the long-term average. The Index rose from 69 in 2019 to 155 in 2025, meaning RTM activity relative to housing completions has more than doubled in six years and now stands 55% above its long-term average. The rise comes despite falls across the wider housing market, where completions fell from 214,290 in 2019 to 170,390 in 2025, representing a drop of around 20%. Management company formations also dropped from a peak of 2,180 in 2018 to 1,543 in 2025, the lowest level since 2013. RTM formations, by contrast, have continued to climb, suggesting that growth in resident-led management is increasingly being driven by factors within the existing housing stock. Trevor Adey, Director at Placekeeper Management, said: “The most striking finding isn’t simply that RTM formations have reached a record high, but that activity continues to accelerate at a time when housebuilding levels and management company formations have fallen.  “The data suggests resident-led management is becoming a more significant feature of the UK’s existing housing stock, whether that reflects greater awareness of leaseholder rights, increased scrutiny of service charges, or wider changes in residential governance.  “For managing agents, this should be a wake-up call. Standards of transparency, communication and value for money that might once have gone unquestioned are now being scrutinised more closely than ever. Agents who don’t adapt and improve services risk losing the buildings they manage to their own residents.” Placekeeper’s analysis draws on more than fifteen years of Companies House incorporation data and Office for National Statistics’ housing figures, covering RTM company formations, management company formations and UK housebuilding activity between 2010 and 2026. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
KPE Receives green light for the refurbishment and modernisation of Grade A Soho office building

KPE Receives green light for the refurbishment and modernisation of Grade A Soho office building

·      Westminster Council has approved the refurbishment and modernisation of Kajima Properties Europe’s 27 Soho Square, a 31,000 sq ft Grade A office building in the heart of Central London. ·      The approved plans will revitalise the asset through a refurbishment of existing space, improvement of sustainability credentials, accessibility and façade, and introduction of a restaurant space on ground floor. ·      The scheme targets BREEAM Excellent and EPC A ratings and prioritises the re-use of existing building elements to minimise environmental impact. Kajima Properties Europe (KPE), the European development, investment and asset management arm of the Nikkei-listed Kajima Corporation, has secured planning consent from Westminster City Council for the refurbishment of 27 Soho Square, a 31,000 sq ft Grade A office building located on one of central London’s most famous and historic squares. Designed by Gibson Thornley, the approved plans will upgrade the existing office space, modernise building systems, design and sustainability infrastructure to target BREEAM Excellent and EPC A ratings. New features will include outdoor private terraces on 4th and 5th floors, ground floor and part basement commercial space, improved façade and street-level aesthetic, and enhanced streetscape activation through lightwells, railings and planters. There will also be creation of new occupier amenities including showers, changing areas and bike storage. 27 Soho Square is situated within the Soho Conservation Area and benefits from unrivalled transport connectivity, including proximity to the Elizabeth Line at Tottenham Court Road station. The asset forms part of KPE’s value-add workspace strategy to invest into dynamic London sub-market opportunities supported by robust occupational demand drivers. The planning approval for 27 Soho Square builds on KPE’s growing London workspace portfolio. The firm is advancing design plans for its 1 St John’s Square workspace project in Farringdon, working alongside Carter Gregson Gray architects. Acquired in November 2025, the scheme is expected to be submitted planning later this year. KPE also recently strengthened its workspace development team with the appointment of Ian Patillo, who joins as Senior Development Manager from Landsec. Tim James, Investment Director, said: “As occupier demands intensify, the  refurbishment of 27 Soho Square will reposition the building as a high quality, highly desirable workspace in one of Central London’s most sought-after locations. The refurbishment will significantly enhance the occupier experience, address the building’s limitations and strengthen its connection to the character and vitality of Soho.  This announcement represents an important step delivering our   London value-add workspace strategy and creating a best-in-class asset with enduring occupier appeal.” Project Team: Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Watkin Jones Strengthens UK BTR Portfolio with Two Major Scheme Completions

Watkin Jones Strengthens UK BTR Portfolio with Two Major Scheme Completions

Watkin Jones has completed two major Build to Rent (BTR) developments during its 2026 financial year, marking further progress for the residential developer as it continues to deliver large-scale schemes despite challenging market conditions. The completions represent another important milestone for Watkin Jones, which has established a significant presence across the UK’s purpose-built rental and student accommodation sectors. Among the developer’s major BTR projects is Loftlines, a significant residential development that forms part of the wider regeneration of Belfast’s Titanic Quarter. The project demonstrates the scale and ambition of the purpose-built rental schemes now being delivered in major UK cities, combining new homes with the amenity-led approach increasingly associated with modern BTR development. Watkin Jones has also progressed its Tai Afon BTR development in Cardiff, adding further purpose-built rental accommodation to its portfolio and strengthening the company’s presence within the residential market. The latest completions arrive against a demanding backdrop for the UK development sector. Higher construction costs, financing pressures and changing investment conditions have all influenced the pace at which new residential projects can be funded and brought forward. Despite these challenges, BTR continues to represent an important area of activity within the UK housing market, supported by demand for professionally managed rental accommodation and continued institutional interest in residential property. For the wider construction and built environment industry, the delivery of major BTR developments also creates opportunities across a substantial supply chain. Large schemes require expertise spanning main contracting and structural construction through to façades, M&E services, fit-out, landscaping and public realm, before moving into long-term property and facilities management following completion. Watkin Jones’ latest progress therefore provides another indication of the continued evolution of the UK BTR sector, particularly in regional cities where large residential developments are increasingly becoming an important component of wider regeneration strategies. With two major BTR schemes reaching completion during FY26, Watkin Jones continues to demonstrate its ability to take substantial residential developments through construction and into operation while navigating a more challenging development and investment environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
One Golden Lane launches to market, delivering 120,000 sq ft of premium office space

One Golden Lane launches to market, delivering 120,000 sq ft of premium office space

London based real estate investment firm Castleforge has launched One Golden Lane to market, its 120,000+ square feet of Grade A office redevelopment in the City of London. The milestone was marked with an event at One Golden Lane on 9 September 2026. Situated between the iconic Barbican Centre and Golden Lane estates, and four minutes from the Elizabeth Line at Farringdon, the building is now complete and available to occupiers. The completion comes at a demanding time for the City’s office market. With Grade A vacancy in prime City locations down to just 1.9%, occupiers are competing for a limited pool of best-in-class, well located spaces.[1] One Golden Lane responds to that demand with over 120,000 square feet of flexible, sustainable, modern office space across 12 storeys. The space includes 7,000 square feet of terraces and roof gardens designed by Chelsea Flower Show Gold Medallist Andy Sturgeon, a statement double-height lobby and café, and 3,900 square feet of wellness and community space designed to support modern working patterns. Originally designed by Tate Britain architect Sidney Smith, the Grade II listed development retains its heritage features including the 1896 façade, with its upper storeys offering commanding views across the Barbican. Sustainability was designed into the scheme at the highest level. One Golden Lane retains 95% of the existing building and is the first London scheme to reuse over 5 tonnes of reclaimed steel from the same site. The development is targeting BREEAM ‘Outstanding’ certification, with integrated urban greening throughout and 100% renewable energy powering operations. Beyond a workplace, One Golden Lane also delivers lasting social value. The building’s retained heritage space, once home to the renowned Cripplegate Institute, now houses the Proud Places Hub, a permanent creative and heritage skills space for young Londoners delivered in partnership with Heritage of London Trust. Michael Kovacs, Founding Partner of Castleforge, said: “One Golden Lane brings 120,000 square feet of best-in-class office space to a part of the City where demand for it far outstrips what is available. Sitting a stone’s throw from the Elizabeth line, it’s one of the best-connected buildings on the market right now. “Occupiers are competing hard for well located, sustainable buildings that meet their people’s expectations. Very little of this calibre is coming through, especially in a building that keeps the character of its heritage while working for the way people want to work today.” Matthew Reid, Head of Development and Asset Management at Castleforge, said: “Delivering a building of this quality within a Grade II listed structure has been a considerable undertaking. “The team has created a genuinely modern workplace without losing the character of the 1896 building, from the restored façade through to the terraces and roof gardens.” With City development starts falling sharply and only a handful of large Grade A options available in core locations, the supply of best-in-class space is set to tighten further. Just 21 Grade A options are available now or within the next six months for occupiers seeking 100,000 sq ft or more, against 41 active requirements of that size, and only five sit in core submarkets.[2] One Golden Lane forms part of Castleforge’s wider London pipeline, which alongside 75 London Wall, Mark Lane and Vintners Place represent more than 1m sq ft of prime office space within the City, one of the largest single-developer contributions to the City’s prime office supply. The development has been delivered by Castleforge’s in-house investment, development management team, with construction by Midgard and financing from Cheyne Capital and Apollo. [1] Savills, 6 August 2026: Central London Office Market Watch [2] Savills, 6 August 2026: Central London Office Market Q2 2026 Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »