London Property Portfolio

On this page you will find a list of our London assets over £25m by latest valuation (as at 30 September 2013), as well London assets in our development and proposed development pipeline.  Please note that where the asset is owned as part of a joint venture, this valuation only takes into account our share of ownership.

123 Victoria Street, SW1
123 Victoria Street

Mixed-use property with a prominent position on Victoria Street. We completed the comprehensive refurbishment of the building in August 2012

Property Size228,000 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Jimmy Choo, CDC, Boots, John Lewis, Intuit, CPA Global

Key Facts:
100%
Ownership Interest
£4.7m
Annualised Net Rent
Freehold
Freehold / Leasehold
62 Buckingham Gate, SW1
Selborne House

This mixed-use development provides 260,000 sq ft of offices, together with street level shops and restaurants in the heart of Victoria.

Property Size276,000 sq ft
Value Range> £200m
HideFast facts
Key Facts:
100%
Ownership Interest
£0m
Annualised Net Rent
Freehold
Freehold / Leasehold
Cardinal Place, SW1
Cardinal Place nose cone

Stunning trio of buildings completed in 2006, encompassing office space and retail accommodation. This landmark site is home to blue-chip businesses and retailers including an M&S anchor store.

Property Size660,000 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Microsoft, Experian, EDF, Wellington Management, M&S

Key Facts:
100%
Ownership Interest
£36m
Annualised Net Rent
Freehold
Freehold / Leasehold
New Street Square, EC4
New Street Square

Innovative offices with retail and restaurants. Recreating traditional ground-level routes, including a delightful public square, the property offers office space with attractive retail and leisure facilities. Developed by Land Securities and completed in 2008.

Property Size693,200 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Deloitte, Taylor Wessing, Speechly Bircham

Key Facts:
100%
Ownership Interest
£32.3m
Annualised Net Rent
Leasehold
Freehold / Leasehold
One New Change, EC4
One New Change Atrium

A unique office and leisure destination in an iconic building in the City of London, with a roof terrace offering stunning views of St Paul's cathedral. The retail and leisure space opened on 28 October 2010.

Property Size585,000 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

K&L Gates, Friends Life, CME, Panmure, bwin, H&M, M&S, Topshop, Next

Key Facts:
100%
Ownership Interest
£22.8m
Annualised Net Rent
Leasehold
Freehold / Leasehold
Piccadilly Lights, W1
Piccadilly Lights Anteros 2012

Offices, retail, leisure and a world famous advertising landmark. 2009 saw the introduction of enhanced LED screens and a flagship branch of Barclays.

Property Size108,000 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Hyundai, Coca-Cola, Samsung, Barclays, Boots, Gap

Key Facts:
100%
Ownership Interest
£12.5m
Annualised Net Rent
Freehold
Freehold / Leasehold
Queen Anne's Gate, SW1
Queen Anne's Gate

This refurbished Home Office building is now occupied by the Ministry of Justice. It was built by Land Securities in 1977, to designs by Sir Basil Spence.

Property Size354,000 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Central Government

Key Facts:
100%
Ownership Interest
£29.2m
Annualised Net Rent
Freehold
Freehold / Leasehold
Times Square, EC4
Times Square

This new office building based in an improving City area is 95% owned by Land Securities; currently occupied by Bank of New York and Decherts LLP.

Property Size376,100 sq ft
Value Range> £200m
HideFast facts
Principal Occupiers:

Bank of New York Mellon, Dechert, Nice Systems, Research Now

Key Facts:
95%
Ownership Interest
£12.8m
Annualised Net Rent
Freehold
Freehold / Leasehold
20 Fenchurch Street, EC3
20 Fenchurch Street Aerial View

Rafael Viñoly-designed 509 ft tall City tower will incorporate premier office accommodation, retail, a café and a unique publicly accessible Sky Garden - the highest public park in London. 50% owned JV with Canary Wharf Group.

Property Size690,700 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Markel, Kiln, Liberty Mutual, Liberty Syndicates, RSA

Key Facts:
677,500 sq ft
Office Area
13,200 sq ft
Retail Area
50%
Ownership Interest
Offices 56%, Retail 67%
Letting Status
£21.2m
ERV
June 2014
Completion Date
£172m
Development Costs
(to date)
£239m
Development Costs
(Total)
32-50 Strand, WC2
32-50 Strand

Located on Strand next to Charing Cross Station, the office space totals over 93,000 sq ft and there is a 37,000 sq ft retail element on the ground floor.

Property Size136,000 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Bain & Company, Superdrug, Natwest, Lloyds, McDonald's, Sainsbury's

Key Facts:
100%
Ownership Interest
£1.8m
Annualised Net Rent
Freehold
Freehold / Leasehold
Dashwood, EC2
Dashwood House

Comprehensive office redevelopment in the City, with small retail component. Completed in October 2008.

Property Size157,000 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Edwards, Angell Palmer & Dodge, Cadwalader Wickersham & Taft, Mitsubishi Pharma

Key Facts:
100%
Ownership Interest
£6.7m
Annualised Net Rent
Leasehold
Freehold / Leasehold
Harbour Exchange, E14
Harbour Exchange row

A collection of nine office buildings near Canary Wharf and home to a diverse mix of occupiers.

Property Size467,000 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Telecity, HSBC, British American Tobacco

Key Facts:
100%
Ownership Interest
£9.8m
Annualised Net Rent
Leasehold
Freehold / Leasehold
Haymarket House, SW1
Haymarket House

This office and leisure building is moments away from the energy and vibrancy of Picadilly Circus and Soho. It has great transport links and is also within easy reach of St James's and the Royal Parks.

Property Size124,000 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Incisive Media, Curtis Brown Group, Whitbread Group, A3D2

Key Facts:
100%
Ownership Interest
£4.9m
Annualised Net Rent
Freehold
Freehold / Leasehold
Hill House, EC4
Hill House

Like its near-neighbour New Street Square, Hill House forms part of our drive to revitalise the Mid-town area. The building is occupied by Deloitte.

Property Size166,000 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Deloitte

Key Facts:
100%
Ownership Interest
£5.3m
Annualised Net Rent
Freehold
Freehold / Leasehold
Nova, Victoria, SW1
Victoria Circle 1

Our plans for the 897,000 sq ft mixed-use scheme at Nova, Victoria include a vibrant mix of offices, shopping and residential apartments in the area bordered by Victoria Street, Bressenden Place and Buckingham Palace Road.

Property Size1,043,000 sq ft
Value Range£100m - £200m
HideFast facts
Key Facts:
598,000 sq ft
Office Area
193,000 sq ft
Residential Area
85,000 sq ft
Retail Area
167,000 sq ft
Other Area
50%
Ownership Interest
n/a
Letting Status
n/a
ERV
Planning received
Planning Status
2016-18
Completion Date
n/a
Development Costs
(to date)
n/a
Development Costs
(Total)
Oriana, W1
Oriana

A 50/50 JV with Frogmore Real Estate Partners which owns two large consolidated holdings on the north west corner of Oxford Street and Tottenham Court Road.

Property Size278,600 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Primark, Boots, Sainsbury's

Key Facts:
50%
Ownership Interest
£6.5m
Annualised Net Rent
Freehold/Leasehold
Freehold / Leasehold
Portland House, SW1
Portland House

This 29-storey icon of 1960s architecture is a major element in our regeneration of Victoria. Each of the 26 office floors offers around 10,000 sq ft of open space. We have received planning consent to convert this building to residential.

Property Size314,800 sq ft
Value Range£100m - £200m
HideFast facts
Principal Occupiers:

Bill & Melinda Gates Foundation, Regus, Pioneer Global Investments

Key Facts:
100%
Ownership Interest
£12.6m
Annualised Net Rent
Freehold
Freehold / Leasehold
1 & 2 New Ludgate, EC4
30 Old Bailey

In June 2013 we committed to the speculative development of 1 & 2 New Ludgate, EC4 comprising two distinct buildings united by a new public piazza. Together they comprise 346,000 sq ft of office accommodation and 32,000 sq ft of restaurant and retail facilities with completion scheduled for April 2015.

Property Size378,000 sq ft
Value Range£50m - £100m
HideFast facts
Key Facts:
345,600 sq ft
Office Area
32,400 sq ft
Retail Area
100%
Ownership Interest
£21.3m
ERV
April 2015
Completion Date
£104m
Development Costs
(to date)
£256m
Development Costs
(Total)
10, 20 & 30 Eastbourne Terrace, W2
Eastbourne Terrace

The three buildings located in this revitalised hub for business and retail next to Paddington Station comprise two recently refurbished six-storey office blocks and one 18-storey office tower at 20 Eastbourne Terrace, which will be the final phase of this regeneration project.

Property Size209,700 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Marks and Spencer PLC, Chapman Taylor, Davy Process Technology

Key Facts:
100%
Ownership Interest
£5.6m
Annualised Net Rent
Freehold
Freehold / Leasehold
47 Mark Lane, EC3
47 Mark Lane

Above a row of retail units at ground level, 47 Mark Lane offers six floors of flexible office space, with panoramic views across the Thames. It is located minutes away from London Bridge and Liverpool Street, enjoying easy access to Canary Wharf and City Airport.

Property Size102,500 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Kenexa, AXA Insurance, Acenden

Key Facts:
100%
Ownership Interest
£2.8m
Annualised Net Rent
Freehold
Freehold / Leasehold
Holborn Gate, WC1
Holborn Gate

A prominent mixed-use property on the main thoroughfare of High Holborn close to Chancery Lane underground station. Acquired in 2005 tenants include Financial Dynamics and Hogg Robinson.

Property Size152,700 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Good Relations, FTI, Regus

Key Facts:
100%
Ownership Interest
£5.1m
Annualised Net Rent
Freehold
Freehold / Leasehold
Moorgate Hall, EC2
Moorgate Hall

Moorgate Hall occupies a core Moorgate address immediately to the west of Finsbury Circus in the City. The recently refurbished offices provide flexible floorplates averaging approximately 13,000 sq ft each and the location benefits from excellent public transport links.

Property Size88,000 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Mace

Key Facts:
100%
Ownership Interest
£1.2m
Annualised Net Rent
Leasehold
Freehold / Leasehold
Red Lion Court, SE1
Red Lion Court

This office building occupies a prominent water-front position between Blackfriars Bridge and Southwark Bridge.

Property Size128,000 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Lloyds Banking Group

Key Facts:
100%
Ownership Interest
£4.3m
Annualised Net Rent
Freehold
Freehold / Leasehold
The Thomas More Square Estate, E1
Thomas  More Square Estate

A business village on the edge of the City, adjacent to St Katherine Docks and minutes from London City Airport. Purchased in 2007 and a 50% share was later sold to The Cadillac Fairview Corporation Limited.

Property Size568,000 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

News UK, Virgin Media, Easynet

Key Facts:
50%
Ownership Interest
£7.3m
Annualised Net Rent
Freehold
Freehold / Leasehold
The Zig Zag Building and Kings Gate, SW1
The Zig Zag Building and Kings Gate

Construction of two new developments started in November 2012 with practical completion of Kings Gate scheduled for February 2015 and The Zig Zag Building for March 2015.

Property Size339,800 sq ft
Value Range£50m - £100m
HideFast facts
Key Facts:
187,800 sq ft
Office Area
108,900 sq ft
Residential Area
43,100 sq ft
Retail Area
100%
Ownership Interest
Residential 69%, Retail 16%
Letting Status
£15.5m
ERV
March 2015
Completion Date
£154m
Development Costs
(to date)
£342m
Development Costs
(Total)
Westminster City Hall, SW1
Westminster City Hall

This impressive tower on Victoria Street was completed by Land Securities in the 1960s. Ever since then its offices have been home to Westminster City Council.

Property Size186,000 sq ft
Value Range£50m - £100m
HideFast facts
Principal Occupiers:

Westminster City Council

Key Facts:
100%
Ownership Interest
£2.5m
Annualised Net Rent
Freehold
Freehold / Leasehold
1 New Street Square, EC4
IPC Tower

Demolition started in March 2013 and the earliest completion date for this 256,000 sq ft office building which will extend our successful New Street Square campus will be July 2016.

Property Size270,700 sq ft
Value Range£25m - £50m
HideFast facts
Key Facts:
266,000 sq ft
Office Area
4,700 sq ft
Retail Area
100%
Ownership Interest
Planning received
Planning Status
2016
Completion Date
130 Wood Street, EC2
130 Wood Street

A recently refurbished imposing office building finished in Portland Stone located in the core of the City, providing easy access to main City institutions and transport links.

Property Size65,000 sq ft
Value Range£25m - £50m
HideFast facts
Principal Occupiers:

RWE Supply & Trading, Buzzacott

Key Facts:
100%
Ownership Interest
£1.6m
Annualised Net Rent
Freehold
Freehold / Leasehold
140 Aldersgate, EC1
140 Aldersgate

This striking office building is located between the City and the thriving cultural and leisure districts of Smithfield and Clerkenwell.

Property Size93,300 sq ft
Value Range£25m - £50m
HideFast facts
Principal Occupiers:

Vibrant Media, Mount Anvil, Flightbookers

Key Facts:
100%
Ownership Interest
£2.5m
Annualised Net Rent
Leasehold
Freehold / Leasehold
7 Soho Square, W1
7 Soho Square

Overlooking one of London's most famous squares, this flexible office space is a thriving hub for creative-minded businesses right in the heart of Soho.

Property Size66,000 sq ft
Value Range£25m - £50m
HideFast facts
Principal Occupiers:

Tripadvisor, Tesco. Barton Whitmore LLP

Key Facts:
100%
Ownership Interest
£1.4m
Annualised Net Rent
Freehold
Freehold / Leasehold
City Gate, SE1
City Gate

This 1980s office building includes an IT datacentre and is located just across the river from the City, providing easy access and transport links.

Property Size61,000 sq ft
Value Range£25m - £50m
HideFast facts
Principal Occupiers:

Motability Finance, Net Communications, Sedex Information Exchange

Key Facts:
100%
Ownership Interest
£1.9m
Annualised Net Rent
Freehold/Leasehold
Freehold / Leasehold
Eureka Entertainment, Ashford
Eureka Entertainment

An oasis of entertainment right next to junction 9 of the M20 in Ashford, Kent. Eureka Entertainment hosts a multiplex cinema, gymnasium, restaurants, hotel and shops.

Property Size100,277 sq ft
Value Range
HideFast facts
Key Facts:
95%
Ownership Interest
£1,942,095
Annualised Net Rent
Leasehold
Freehold / Leasehold
This page took 0.8896 seconds to generate and - Total loading time was