Today, Malaysian engineering, property and infrastructure group Gamuda Berhad and London-based real estate investor Castleforge marked the next stage in their £1.2bn redevelopment of 75 London Wall in the City of London, with a groundbreaking ceremony and the signing of one of London’s largest property development loans in recent years,
The City of London Corporation has officially given the green light to plans for 1 Undershaft, a landmark skyscraper that is set to become the tallest building in the City of London and one of the most iconic structures in the UK. The towering development will rise to an impressive
McLaughlin & Harvey has completed the construction and CAT A fit-out of Eden Campus, Unilever’s new UK headquarters. The site comprises two office blocks providing 290,000 square feet of commercial accommodation and a multi-storey car park in Kingston upon Thames, south-west London. The construction of Eden Campus began in October
One of the world’s global engineering consultancies is moving into its new ‘home for big ideas’ in central London, after a 12-month transformation into a model of excellence showcasing its multi-disciplinary and sustainability capabilities to clients from across the world. Growing from 510 employees in 2019 to 720 in 2024,
Global engineering consultancy Arup has officially opened its new Midlands base – one of its five largest global hubs – at Paradise Birmingham’s One Centenary Way, welcoming clients and contacts to mark the occasion. Arup was a major contractor to Birmingham City Council supporting it to deliver the Birmingham 2022
Appointment follows nearing completion of demolition work undertaken by Salter Construction Art-Invest Real Estate (Art-Invest) has appointed RED Construction Group as lead construction contractor to deliver the redevelopment of Sackville House on Piccadilly. A historic office building in the West End, it is set to offer 30,000 sq ft of
Railpen, one of the largest pension managers in the UK, has announced that Waystone, a global leader in specialist asset management services, is relocating its London team to the prestigious 125 Wood Street office development, which is now fully let. Waystone has signed for 8,078 sq ft of premium Grade
Skanska has scooped a £197 million deal with a Grosvenor and Mitsui Fudosan UK joint venture to develop an office, retail and leisure space in Mayfair. The company will lead construction of two new category A office buildings that form part of the wider mixed-use redevelopment of South Molton in
Real estate investment firm Castleforge has clinched a substantial £115 million loan to support the redevelopment of the iconic Grade II-listed 1 Golden Lane office building in London’s Square Mile. This significant funding will enable Castleforge to bring to life an ambitious vision for the site, reflecting its commitment to
WORKPLACE design and build specialist ODCreate has delivered a category A+ project, reimagining 7,000 sq ft of office space in central London. The offices – situated close to Leicester Square at 101 St Martin’s Lane – have been refurbished for landlord KGAL, an independent German investment and asset manager, with ODCreate
Today, Malaysian engineering, property and infrastructure group Gamuda Berhad and London-based real estate investor Castleforge marked the next stage in their £1.2bn redevelopment of 75 London Wall in the City of London, with a groundbreaking ceremony and the signing of one of London’s largest property development loans in recent years, valued at £500 million. The event was led by Dato’ Lin Yun Ling, Gamuda Group Managing Director, and Michael Kovacs, Castleforge Founding Partner. They were joined by Gus Wiseman, Global Head of Investor Relations for the UK Government and Howard Dawber, Deputy London Mayor. Over 80 attendees were present, including financiers, property agents, and a range of property development and built environment specialists. The investment is another signal of support from Gamuda for the UK property market, with the group viewing London as a key strategic destination for real estate investment. Since 2022, Gamuda has committed a total gross development value of £1.4 billion to the UK market, encompassing prime commercial office assets, residential properties and Purpose-Built Student Accommodation (PBSA). The 75 London Wall project is the largest investment for Gamuda in the UK thus far. Complementing this is Castleforge’s commitment to delivering best-in-class workspaces that prioritise sustainability and tenant well-being which set new standards for the adaptive reuse of office buildings in the City of London. The site has received full planning consent in June 2024 and construction has begun. Upon full redevelopment expected in 2027, 75 London Wall will be a grade-A sustainable top-tier office with a net lettable area of more than 450,000 square feet with the best ESG standards – BREEAM ‘Outstanding’, WELL Core ‘Platinum’, and NABERS UK 5 Star Design. This landmark redevelopment will transform the building into a sustainable commercial hub in one of the world’s most competitive business districts. The ground floor will feature new commercial units, alongside a cultural forum space for events, performances, and public speaking, alongside open, green spaces. Dato’ Lin Yun Ling, Gamuda Group Managing Director said, “Our acquisition of this building in 2023 stemmed from the “Flight to Quality” to top grade office spaces in the real estate market. Multinational corporations are drawn to London, the epicentre of Britain’s economy and home to a huge proportion of its primary export – global services. This has driven a surge in demand for premium offices, linking quality workplaces to higher productivity. With a limited supply of best-in-class ESG spaces, rental growth remains strong, making 75 London Wall a standout investment.” Michael Kovacs, Founding Partner of Castleforge, said “We were delighted to welcome Dato’ Lin, Gus Wiseman and Howard Dawber to the site today to witness the progress being made on a project that we believe will set a new benchmark for sustainable, expertly designed office developments in London. In an increasingly competitive landscape, we know that 75 London Wall will stand out as a true best-in-class office development for those who want to attract the best talent in and around our city.” Gus Wiseman, Head of Investor Relations for the UK Government, said “We welcome this show of confidence in the UK economy by Gamuda and Castleforge. In years to come, this investment will create a busy trading floor for our world-leading financial services industry. This will create jobs in construction and at full occupancy, will house over 5,000 workers. Redevelopment projects such as 75 London Wall are vital to this Government’s mission to achieve the fastest growth in the G7.” Ravi Stickney, Cheyne Capital Managing Partner & CIO, Real Estate said “Following our £150million loan for the acquisition of 75 London Wall in 2023, we are delighted to extend our support to Gamuda and Castleforge with a £500m loan for its redevelopment. At Cheyne, we remain committed to financing the creation of productive and sustainable assets to support the growth of the UK’s vibrant economy. We are therefore thrilled with the significant vote of confidence that Gamuda has shown in London.” Building, Design & Construction Magazine | The Choice of Industry Professionals
The City of London Corporation has officially given the green light to plans for 1 Undershaft, a landmark skyscraper that is set to become the tallest building in the City of London and one of the most iconic structures in the UK. The towering development will rise to an impressive height of 309.6 metres (1,015.8 feet), matching The Shard as the tallest building in the country. Located in the heart of London’s financial district, 1 Undershaft will stand proudly between two of the city’s most famous landmarks—the Gherkin and the Leadenhall Building—solidifying its place in the city’s iconic skyline. A Monumental Addition to the City’s Landscape 1 Undershaft will offer approximately 1.7 million square feet (158,000 square metres) of state-of-the-art office space, attracting businesses from across the globe and further cementing London’s reputation as a world-leading financial hub. Designed by the renowned architecture firm Eric Parry Architects, the skyscraper will feature cutting-edge design, offering both modern aesthetics and practical functionality. The building’s distinct cylindrical form and glass façade will set it apart from its neighbours. A significant feature of the development is its commitment to sustainability, with the project expected to achieve high environmental performance standards. 1 Undershaft will be equipped with an innovative low-carbon heating and cooling system, along with solar panels and rainwater harvesting systems, reflecting the ongoing trend towards eco-conscious construction in the capital. Public Spaces and Views Like Never Before One of the standout features of 1 Undershaft is its dedication to public access. The building will include a stunning, free-to-access public garden on the 11th floor, offering visitors panoramic views of the city. The garden will feature a wide range of plants, providing a lush, green space that contrasts with the urban environment below. At the very top of the skyscraper, visitors will be able to take in breathtaking views from Europe’s highest publicly accessible viewing gallery. This will not only be a great attraction for tourists but will also serve as a unique space for Londoners to experience the city from a new perspective. Additionally, the tower will be home to a dedicated cultural space, located on the 72nd and 73rd floors, which will house an exhibition curated by the London Museum. This space will highlight the rich history and heritage of London, making it an ideal spot for both locals and visitors to learn more about the city’s fascinating past. Overcoming Challenges and Moving Forward The development of 1 Undershaft has not been without its challenges. The City of London Corporation’s planning applications sub-committee approved the project with 16 votes in favour and 7 votes against, after a number of revisions were made to address concerns from local residents and organisations. In particular, objections were raised about the loss of public space at nearby St Helen’s Square, with critics arguing that the new development could overshadow this area. However, the revised plans included design changes that reduced the impact on St Helen’s Square and enhanced the public realm, leading to the approval of the project. This compromise highlights the city’s commitment to balancing modern development with the preservation of open public spaces. Looking to the Future With construction set to begin soon, 1 Undershaft promises to be a true testament to the City of London’s ambition and innovation. Once completed, it will not only redefine the skyline but also offer an array of opportunities for businesses and the public alike. The building’s blend of advanced technology, sustainability, and dedication to open spaces will ensure it becomes a defining feature of London’s ever-evolving cityscape. Building, Design & Construction Magazine | The Choice of Industry Professionals
McLaughlin & Harvey has completed the construction and CAT A fit-out of Eden Campus, Unilever’s new UK headquarters. The site comprises two office blocks providing 290,000 square feet of commercial accommodation and a multi-storey car park in Kingston upon Thames, south-west London. The construction of Eden Campus began in October 2022. Building A, an eight-storey office building with a basement is located on Eden Street and has a strong architectural identity, continuing the curved profile of Eden Street. Building B, a second, complimentary ten-storey office building with a basement, is located on Brook Street. The two offices are fully integrated and designed for long-term flexibility. The joint entrance off Brook Street creates a welcoming approach at ground level whilst defining the main reception area. This will also reinforce the new public realm being created nearby. A connecting bridge at the sixth-floor level creates a seamless internal transition to the proposed social and communal spaces on the sixth-floor of Building A. The multi-storey car park on St James Road can accommodate 350 cars and 490 bikes. It has full electric charging infrastructure and changing facilities to facilitate sustainable commuting. It also has a landscaped roof garden. At completion, Eden Campus achieved an Excellent BREEAM (Building Research Establishment Environmental Assessment) rating, recognising McLaughlin & Harvey’s commitment to net zero by designing and delivering projects that are highly energy efficient, perform as designed when occupied, minimise carbon emissions and cost of ownership, and improve people’s health and wellbeing. Following the practical completion and key handover, Jonathan Lawes, Director at Cube Real Estate, said: “We are incredibly proud to have completed Unilever’s new UK headquarter campus. It is not just about the physical structure but more about the dreams, aspirations, and collective effort that have gone into making this project a reality. It’s a testament to what can be achieved when a group of talented individuals comes together with a shared vision and determination.” Reflecting on the project, Michael Kieran, Construction Director at McLaughlin & Harvey, added: “We are delighted to have reached Practical Completion of the Eden Campus project and hand over the keys to our Client, Cube Real Estate. The success of this exceptional project is a testament to the collaborative approach adopted by our design team, supply chain partners, project delivery team and the employer’s agent. We are extremely proud of the completed project and wish Unilever good luck as they embark on their fit-out.” Building, Design & Construction Magazine | The Choice of Industry Professionals
One of the world’s global engineering consultancies is moving into its new ‘home for big ideas’ in central London, after a 12-month transformation into a model of excellence showcasing its multi-disciplinary and sustainability capabilities to clients from across the world. Growing from 510 employees in 2019 to 720 in 2024, the new office re-location is a reflection of this growth. Buro Happold’s London-based employees will work across 31,000 square feet and four floors of cutting-edge office space of the Featherstone Building on City Road, EC1. Buro Happold met the challenge of maintaining the building’s already impressive BREEAM Outstanding rating with its fit-out. The base build office also achieves both LEED (Leadership in Energy and Environmental Design) Platinum, Wired Score Platinum and with the fit out an additional Well Building Standard Platinum status for achieving exemplary environmental, sustainability, efficiency and health & wellbeing criteria is being delivered. To meet its own exacting needs, Buro Happold worked closely with global architecture, design, and planning firm Gensler to shape and design its workspaces, after listening to the views and ideas of its staff including through Town Hall sessions and sustainability and workplace focused working groups. Inclusive design and wellbeing are central to the new space, with a variety of quieter spaces, and busier spaces for collaboration, parent and multi-faith rooms, as well as a dedicated landscaped terrace area. Buro Happold led on sustainability, MEP, acoustics, lighting and inclusive design, as well as the inclusion of a structurally engineered set-piece timber staircase connecting floors five and six. Q Flow software was used to track the sustainable origin of all materials throughout the design process and underpin the high level of certification needed to meet the standards. Smart building technology has been installed to monitor heating and lighting performance in real-time as well as workspace utilisation, helping optimise building performance, wellbeing and productivity. To harmonise all of these innovative new elements, an easy-to-use smart-phone app has been created to access the building, book workspace and meeting rooms, and to provide staff with improved user experience and real-time updates. Justin Phillips, London Office Director, said: “We wanted to create a workplace that embodied the excellence of our staff within it. Collaboration was essential to this process, and we engaged with our staff early-on to understand what was really important to them. “Our mix of needs is very different as we continue to evolve from traditional engineers to multi-disciplinary experts and advisors, and the design of this office reflects that. “We’re proud of our new London home we’ve created. It’s not only a great place to be, but it also aligns with our ambitious sustainability goals and those of many of our clients across the world. I’m really excited about the potential of what we imagine and create here with our clients and collaborators in the transformative years ahead.” Becky Spenceley, Design Director, Gensler said: “We are delighted to have partnered with Buro Happold to design their new London headquarters. At Gensler, we strive to implement circular and resilient design solutions, setting new standards for an eco-friendly built environment. “Our design at the Featherstone Building has established an innovative and sustainable workplace design focused around honest materiality, celebrating structure and re-use furniture. It is a reflection of Buro Happold’s brand and values, and showcases an exciting variety of work and social spaces for employees and clients.” Choice of materials, features and design was also essential to ensuring the new office was as inclusive as possible. Drawing on expertise from within, Justin sought expertise from its Senior Inclusive Design Consultant Jean Hewitt on designing its spaces for inclusivity and neurodiversity. Jean is one of the leading practitioners in the field of inclusive design and is the UK Government’s Disability and Access Ambassador focusing on the built environment. Buro Happold works for a diverse range of private and public sector clients across multiple areas and is proud to have delivered many of London’s landmarks including Battersea Power Station, O2 Arena (Millennium Dome), The Michael Uren Biomedical Building, 5 Broadgate, Emirates Stadium, Tottenham Hotspur Stadium, and Stratford Waterfront. The Featherstone Building is a short distance from Old Street and Liverpool St underground stations and opposite the iconic White Collar Factory campus. Building, Design & Construction Magazine | The Choice of Industry Professionals
Global engineering consultancy Arup has officially opened its new Midlands base – one of its five largest global hubs – at Paradise Birmingham’s One Centenary Way, welcoming clients and contacts to mark the occasion. Arup was a major contractor to Birmingham City Council supporting it to deliver the Birmingham 2022 Commonwealth Games, helping to deliver the Alexander Stadium, transport and infrastructure improvements city wide, as well as the Perry Barr masterplan, and the Sandwell Aquatics Centre. Establishing a national and international centre of excellence for Arup in the Midlands, with nearly 800 staff and offering more than 90 specialist services UK-wide, the multi-million-pound investment cements Arup’s commitment to Birmingham and the region as a global business destination. Last year, the local Arup team worked on hundreds of projects locally and globally, supporting the delivery of more sustainable buildings, infrastructure, public spaces, and communities, and bringing the best of global expertise to the area. Arup’s move to the city centre is designed to attract local talent and aid the growth of the West Midlands as an innovation and skills hub. The new office location will bring Arup closer to schools, colleges and universities, ensuring stronger links to education and more opportunity to attract, grow and retain diverse industry talent locally. Based in the heart of the city, Arup’s public-facing activity hub on the ground floor, ‘The Gallery’, will be a space Arup staff are able to work alongside local partners and neighbours to deliver community based, and charitable activities. Speaking at the launch event, Andy Street, Mayor of the West Midlands, said: “Arup’s move back into the heart of Birmingham city centre is a tremendous endorsement of all that our region has to offer a global player of Arup’s stature. “This kind of major investment is just the type we envisaged when we worked on the Enterprise Zone more than a decade ago – bringing to life our vision of a new city business district generating jobs for local people. “I know that this announcement will help equip young people from a wide variety of backgrounds with the skills, apprenticeships and opportunities they need to succeed. I cannot wait to see lives changed for the better in the months and years ahead. My thanks to Arup for helping to make that possible.” Understanding that the future office needs to compete with highly personalised home working arrangements, a variety of workplace settings, social areas, wellbeing areas, creative spaces and focus zones have been provided in the new Arup Midlands HQ. The new range of flexible workspaces is designed specifically to support collaboration, convening stakeholders and hosting events. Cem Budak, Arup Midlands Leader, said: “We are excited to officially open our new Midlands hub located in the heart of Birmingham, the UK’s second city. We are eager to build on six decades of expertise in Midlands and the opening of the new office will bring us closer to key decision-makers, clients and collaborators, helping to foster innovation and creativity across the region. “We helped to shape and design the space at One Centenary Way, which is undoubtedly one the finest commercial locations in the city. It is a space that our people already love working in and which helps them to engage with our clients and communities while exporting Birmingham skills and expertise around the world.” The new office plays a significant role in Arup’s ambition to reach net zero carbon by 2030. Arup worked closely with developer MEPC on One Centenary Way, which is the first building within the Paradise estate with all-electric heating and hot water systems, as well as SMART technology that enables continuous office adaptations around utilisation, comfort, and energy consumption. James Watts, Arup Birmingham Office Leader, said: “We are very proud that our new office is a showcase for our commitment to delivering sustainable solutions and our net zero carbon aspirations. We anticipate that our move will reduce travel emissions by over 60% and we will save over 1,100 tonnes of CO2 a year from our own staff commutes. Initiatives such as biophilic design, natural sheep wool wall insulation and a recycled material pallet will put our circular economy values into action while increasing staff connectivity with nature. “In addition, the office also ensures our knowledge and global expertise are easily accessible to local clients and collaborators, allowing us to continue to provide innovative solutions and long-lasting value.” Arup’s work in the Birmingham region for the last 60 years has helped shape the local landscape including major public buildings and developments from the NEC and ICC to commercial office buildings and new public realm like that created at Brindley place and Paradise in Birmingham. Arup’s major role in delivering the Birmingham 2022 Commonwealth Games and supporting infrastructure in and around Birmingham helped secure a meaningful legacy for the Games in the Midlands. Building, Design & Construction Magazine | The Choice of Industry Professionals
Appointment follows nearing completion of demolition work undertaken by Salter Construction Art-Invest Real Estate (Art-Invest) has appointed RED Construction Group as lead construction contractor to deliver the redevelopment of Sackville House on Piccadilly. A historic office building in the West End, it is set to offer 30,000 sq ft of new Grade A workspace alongside a new roof terrace, amenity space and a retail offer across the ground floor. Sackville House is an iconic building that is being significantly repositioned by RED Construction’s London team, with an extension to both the roof and rear and a comprehensive internal refurbishment, allowing the building’s fabric and heritage to be retained whilst delivering an exemplar commercial building back to the area for the next generation. Given RED Construction Group’s renowned ability with unique construction projects and its experience and understanding of building similar to the historic significance of Sackville House, the team is the ideal partner for Art-Invest. Start on site is expected in the first quarter of 2025. In the first half of this year, Art-Invest successfully secured planning permission for Sackville House, a Grade II listed building, located on the corner of Sackville Street and Piccadilly. Early enabling and strip out works undertaken by Salter Construction are well underway and expected to complete early in the New Year. With seven floors of workspace and an outdoor pavilion on the roof terrace, Sackville House will be a unique offer for occupiers wanting a premium workspace balanced with this quantum of exceptional amenity space in the form of a gym, fitness and spin studio on the lower ground floor in the bank’s original vault. Art-Invest Real Estate is targeting practical completion by the end of 2026. Will Oakes, Senior Development Manager, Art-Invest Real Estate, said: “It is great to have RED Construction Group on board and we look forward to working with the team to continue the progress that has been made on site. Sackville House is a really exciting proposition for the West End office market. The amount and quality of amenity space that is prioritised in the building sets it apart and ensures it is ideally placed to capitalise on increasing demand for Grade A spaces that support a better work life balance, in the best London locations.” Mark Iori, Managing Director at RED Construction London, added: “Our appointment to deliver Art-Invest’s iconic Sackville House is testament to RED Construction London’s proven track record working on heritage-rich sites in the heart of the capital. We are known for delivering considered refurbishments across London, and we are pleased to add yet another landmark Grade II listed building to our project portfolio.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Railpen, one of the largest pension managers in the UK, has announced that Waystone, a global leader in specialist asset management services, is relocating its London team to the prestigious 125 Wood Street office development, which is now fully let. Waystone has signed for 8,078 sq ft of premium Grade A offices on the sixth floor. Located in the heart of the City, 125 Wood Street boasts a prime position near St Paul’s Cathedral, offering unrivaled access and iconic views. Railpen’s ambitious refurbishment of the former 1980s structure created 65,000 sq ft of cutting-edge, Grade A office accommodation, featuring accessible terraces on the sixth and seventh floors that provide panoramic views of London’s skyline. Alex Luker, Asset Manager at Railpen commented: “We are delighted to welcome Waystone as the final tenant at 125 Wood Street. This agreement reflects Railpen’s commitment to creating exceptional workplaces that attract globally recognised firms. 125 Wood Street has been redeveloped to create high-quality, sustainable space that aligns with the growth ambitions of top-tier occupiers like Waystone, while delivering secure long-term returns for our members.” This signing marks the completion of the leasing at 125 Wood Street, one of the most significant deals for the development this year. The new office will house approximately 100 employees and will serve as a central hub for Waystone’s operations in London. Karl Midl, Country Head – United Kingdom at Waystone said: “Our move to 125 Wood Street is an exciting step for Waystone as we continue to enhance our presence in London, a key global financial hub. The new space demonstrates our commitment to London and ensures we are well located, close to many valued clients whilst simultaneously providing a high-quality, sustainable working environment for our team.” BH2 advised Railpen in the deal, while CBRE acted for Waystone. Building, Design & Construction Magazine | The Choice of Industry Professionals
Skanska has scooped a £197 million deal with a Grosvenor and Mitsui Fudosan UK joint venture to develop an office, retail and leisure space in Mayfair. The company will lead construction of two new category A office buildings that form part of the wider mixed-use redevelopment of South Molton in Mayfair, London, being led by Grosvenor and Mitsui Fudosan UK. The project involves the demolition of existing buildings and construction of two new office buildings at 60 Brook Street and 56 Davies Street, comprising 71,000 sq. ft and 78,000 sq. ft respectively. The project also involves the restoration of the Running Horse Pub, together with ground floor retail, restaurants, cafés and a basement gym, covering a total of 267,000 sq. ft. In addition to main construction in Mayfair, Skanska will deliver CAT A mechanical, electrical and public health (MEP) systems, including the site wide data network, security and smart building solution, with all phases of South Molton on track to complete in July 2027. Skanska has been working with the Grosvenor and Mitsui Fudosan UK JV since October 2022 to evolve the design and construction methodology for South Molton, including identifying sustainability and carbon reduction strategies. This process has reduced steel usage by 200 tonnes, with the re-use of existing steel elements, pre-fabrication of façades and in-situ construction of the concrete base slab all contributing to a reduction in carbon emissions. “We have enjoyed a fantastically collaborative working relationship with the Grosvenor and Mitsui Fudosan UK JV team over the past two years,” said Terry Muckian, Managing Director, Building. “This has led to a design and method of construction that reduces carbon and de-risks programme delivery in what is a complex working environment in the heart of London’s West End. “We have a long history and deep understanding of the London commercial office market and we are delighted to be continuing this with South Molton. “South Molton is an exciting development for this internationally recognised part of London and I know our team are really looking forward to playing their part in bringing it to life.” The building is targeting environmental standards BREEAM Outstanding for offices and Design for Performance to secure a NABERS 5* accreditation. It’s also targeting WiredScore Platinum certification, which recognises best-in-class digitally connected buildings across the globe. The state-of-the-art offices will feature world-class office design and facilities, including large modern floorplates, roof terraces, outstanding amenities and leading environmental credentials. At ground level, they will be activated by a dynamic mix of retail and food and beverage outlets alongside attractive, greener streets. Designed to complement the distinctive character of Mayfair, 56 Davies Street and 60 Brook Street will feature a mix of new and existing façades. Building, Design & Construction Magazine | The Choice of Industry Professionals
Real estate investment firm Castleforge has clinched a substantial £115 million loan to support the redevelopment of the iconic Grade II-listed 1 Golden Lane office building in London’s Square Mile. This significant funding will enable Castleforge to bring to life an ambitious vision for the site, reflecting its commitment to creating sustainable and adaptable modern workplaces. With planning approval already granted by the City of London, the project will transform 1 Golden Lane into a cutting-edge, eco-conscious office space. On completion, the building will provide approximately 115,000 square feet of premier office accommodation, right in the heart of London’s financial hub. This redevelopment aligns closely with Castleforge’s research-led investment approach, focusing on enhancing property value through strategic operational improvements. The financing, secured through Cheyne Capital Management and Apollo Global Management, highlights investor confidence in Castleforge’s vision and in the enduring demand for high-quality office spaces within London’s business centre, despite the evolving landscape of commercial real estate. Building, Design & Construction Magazine | The Choice of Industry Professionals
WORKPLACE design and build specialist ODCreate has delivered a category A+ project, reimagining 7,000 sq ft of office space in central London. The offices – situated close to Leicester Square at 101 St Martin’s Lane – have been refurbished for landlord KGAL, an independent German investment and asset manager, with ODCreate repurposing the original fitout to make the space even more attractive for prospective tenants. The reimagining of the existing space has been undertaken with sustainability and adaptive reuse in mind, with an additional benefit of minimising marketing times of the offices for the landlord. Gavin Hawkins, managing director of ODCreate, said: “Market conditions within the office rental sector are changing all the time, and this project is a prime example of how existing spaces can be adapted and adjusted to those changing winds. “We are increasingly finding that landlords are pushing for category A and A+ fitouts that a tenant can let and be ready to move into straight away – especially in offices smaller than 10,000 sq ft. This kind of project is indicative of those market conditions, and the fitout was designed with this approach in mind. “It’s set in a really attractive central London location – which has been reflected in the quality of finish with the interiors – and is an excellent example of how ODCreate can deliver work that ticks the boxes for landlords and tenants alike.” Anaelle Dindorf, asset manager at KGAL Investment Management GmbH & Co KG, said: “We were pleased with the result of the works and had a very positive experience with the project team. The project was delivered without delay in the agreed timeframe.” ODCreate’s fit-out of the space is tenant-ready, with all elements of the design, dressing and fixtures designed to be used immediately by prospective tenants. ODCreate worked alongside Beadmans on the project, who acted as project manager and cost consultant. 101 St Martin’s Lane is one of several major projects recently completed by ODCreate, including a 30,000 sq ft new office for Howden Insurance in Milton Keynes. For more information, visit od-group.com Building, Design & Construction Magazine | The Choice of Industry Professionals
