2 London Offices Worth More Than £1.75B To Start Spec

Barchart·01/06/2026 14:02:06

Two central London offices with a potential end value of more than £1.75B are to start development speculatively, as developers try to take advantage of a historic lack of construction of new London workspace.  A joint venture between Dutch developer Edge and Japanese developer Mitsubishi Estate have secured a £360M construction loan and brought in new equity partners for their 250K SF, £550M redevelopment of 125 Shaftesbury Avenue in the West End. And Malaysian developer Gamuda and UK investor Castleforge have awarded a construction contract for the development of 75 London Wall in the City, a redevelopment that will create a new 450K SF...