Our major London properties

On this page you will find a list of our London assets over £25m by latest valuation (as at 30 September 2012), 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

250,000 sq ft
> £200m
Principal Occupiers:

Jimmy Choo, CDC, Boots

Key Facts:
199,000 sq ft
32,000 sq ft
19,000 sq ft
Office Area
Retail Area
Other Area
 
100%
Offices 42% / Retail 100%
£13.5m
Ownership Interest
Letting Status
ERV
 
August 2012
£155m
£155m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Bankside 2 & 3, SE1
Bankside 2 & 3

A contemporary office, retail and leisure space. The two buildings occupy a prime site on the South Bank, opposite the City and close to the West End.

416,900 sq ft
> £200m
Principal Occupiers:

The Royal Bank of Scotland

Key Facts:
100%
£16.2m
Leasehold
Ownership Interest
Annualised Net Rent
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.

657,900 sq ft
> £200m
Principal Occupiers:

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

Key Facts:
100%
£34.8m
Freehold
Ownership Interest
Annualised Net Rent
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.

693,200 sq ft
> £200m
Principal Occupiers:

Deloitte, Taylor Wessing , Speechly Bircham

Key Facts:
100%
£31.1m
Leasehold
Ownership Interest
Annualised Net Rent
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.

585,000 sq ft
> £200m
Principal Occupiers:

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

Key Facts:
100%
£15.3m
Leasehold
Ownership Interest
Annualised Net Rent
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.

91,000 sq ft
> £200m
Principal Occupiers:

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

Key Facts:
100%
£13.8m
Freehold
Ownership Interest
Annualised Net Rent
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.

354,000 sq ft
> £200m
Principal Occupiers:

Central Government

Key Facts:
100%
£28.5m
Freehold
Ownership Interest
Annualised Net Rent
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.

376,100 sq ft
> £200m
Principal Occupiers:

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

Key Facts:
95%
£12.8m
Freehold
Ownership Interest
Annualised Net Rent
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.

689,000 sq ft
£100m - £200m
Principal Occupiers:

Markel, Kiln

Key Facts:
677,000 sq ft
12,000 sq ft
Office Area
Retail Area
 
50%
Offices 19%
£21.0m
Ownership Interest
Letting Status
ERV
 
April 2014
£110m
£239m
Completion Date
Development Costs
(to date)
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.

137,000 sq ft
£100m - £200m
Principal Occupiers:

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

Key Facts:
100%
£1.4m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
62 Buckingham Gate, SW1
Selborne House

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

257,900 sq ft
£100m - £200m
Key Facts:
250,000 sq ft
6,000 sq ft
1,900 sq ft
Office Area
Retail Area
Other Area
 
100%
n/a
£17.6m
Ownership Interest
Letting Status
ERV
 
May 2013
£139m
£178m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Dashwood, EC2
Dashwood House

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

157,000 sq ft
£100m - £200m
Principal Occupiers:

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

Key Facts:
100%
£5m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Empress State Building, SW6
Empress State

Let to the Metropolitan Police, this property also incorporates mixed-use retail and leisure space. 50% owned JV with Liberty International.

451,700 sq ft
£100m - £200m
Principal Occupiers:

Metropolitan Police Authority

Key Facts:
50%
£6.9m
Freehold
Ownership Interest
Annualised Net Rent
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.

467,000 sq ft
£100m - £200m
Principal Occupiers:

Telecity, HSBC, Nomura International, British American Tobacco

Key Facts:
100%
£9m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
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.

263,300 sq ft
£100m - £200m
Principal Occupiers:

Primark, Boots, Sainsbury's

Key Facts:
50%
£3.2m
Freehold/Leasehold
Ownership Interest
Annualised Net Rent
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.

315,000 sq ft
£100m - £200m
Principal Occupiers:

Tradedoubler, Bill & Melinda Gates Foundation, Regus

Key Facts:
100%
£12.4m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Zig Zag Building and Kings Gate, SW1
The Zig Zag Building and Kings Gate

Construction of two new developments will start in November 2012 on Victoria Street.

342,000 sq ft
£100m - £200m
Key Facts:
188,000 sq ft
109,000 sq ft
45,000 sq ft
Office Area
Residential Area
Retail Area
 
100%
-
£16.2m
Ownership Interest
Letting Status
ERV
 
2015
£111m
£343m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Victoria Circle, SW1
Victoria Circle 1

Our 1m sq ft plans for Victoria Circle include a vibrant mix of offices, shopping and residential apartments in the area bordered by Victoria Street, Bressenden Place and Buckingham Palace Road.

910,000 sq ft
£100m - £200m
Key Facts:
618,000 sq ft
201,000 sq ft
91,000 sq ft
Office Area
Residential Area
Retail Area
 
50%
n/a
n/a
Planning received
Ownership Interest
Letting Status
ERV
Planning Status
 
2016-18
n/a
n/a
Completion Date
Development Costs
(to date)
Development Costs
(Total)
1 & 2 New Ludgate, EC4
30 Old Bailey

The mixed-use development comprises a two building scheme and will replace the original 1960s properties with high quality office accommodation, new restaurant and retail facilities, improved pedestrian links and new public areas for those working, visiting and living in the area.

£50m - £100m
Key Facts:
 
100%
n/a
n/a
PR
Ownership Interest
Letting Status
ERV
Planning Status
 
2015
n/a
n/a
Completion Date
Development Costs
(to date)
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.

196,000 sq ft
£50m - £100m
Principal Occupiers:

Marks and Spencer PLC, Chapman Taylor, Davy Process Technology

Key Facts:
100%
£5.4m
Freehold
Ownership Interest
Annualised Net Rent
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.

124,000 sq ft
£50m - £100m
Principal Occupiers:

Incisive Media, Curtis Brown Group, Whitbread Group, A3D2

Key Facts:
100%
£4.8m
Freehold
Ownership Interest
Annualised Net Rent
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.

166,000 sq ft
£50m - £100m
Principal Occupiers:

Deloitte

Key Facts:
100%
£5.3m
Freehold
Ownership Interest
Annualised Net Rent
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.

155,000 sq ft
£50m - £100m
Principal Occupiers:

Good Relations, FTI, Regus

Key Facts:
100%
£5.2m
Freehold
Ownership Interest
Annualised Net Rent
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.

88,000 sq ft
£50m - £100m
Principal Occupiers:

Mace

Key Facts:
100%
£2.3m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Oxford House, W1
Oxford House

Oxford House forms the block on the corner of Oxford Street and Newman Street at the East End of Oxford Street and is set to benefit from the regeneration of the area.

79,000 sq ft
£50m - £100m
Principal Occupiers:

Publicis, Independent Talent Group, Woods Bagot

Key Facts:
100%
£2.6m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Red Lion Court, SE1
Red Lion Court

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

138,000 sq ft
£50m - £100m
Principal Occupiers:

Lloyds Banking Group

Key Facts:
100%
£4.3m
Freehold
Ownership Interest
Annualised Net Rent
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.

575,000 sq ft
£50m - £100m
Principal Occupiers:

News International, Virgin Media, Easynet

Key Facts:
50%
£7.4m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
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.

186,000 sq ft
£50m - £100m
Principal Occupiers:

Westminster City Council

Key Facts:
100%
£2.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
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.

65,000 sq ft
£25m - £50m
Principal Occupiers:

RWE Supply & Trading, Buzzacott

Key Facts:
100%
£1.1m
Freehold
Ownership Interest
Annualised Net Rent
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.

93,300 sq ft
£25m - £50m
Principal Occupiers:

Vibrant Media, Mount Anvil, Flightbookers

Key Facts:
100%
£1m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
38-48 Southwark Bridge Road, SE1
38-48 Southwark Bridge Road

This office building is prominently located on the west side of Southwark Bridge Road immediately to the north of the junction with Southwark Street. Located close to the heart of the City of London, the location also benefits from excellent transport links.

97,000 sq ft
£25m - £50m
Principal Occupiers:

Schroder Investment Services

Key Facts:
100%
£2.7m
Freehold
Ownership Interest
Annualised Net Rent
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.

102,500 sq ft
£25m - £50m
Principal Occupiers:

Kenexa, AXA Insurance, Acenden

Key Facts:
100%
£2.3m
Freehold
Ownership Interest
Annualised Net Rent
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.

63,000 sq ft
£25m - £50m
Principal Occupiers:

Tripadvisor, Tesco

Key Facts:
100%
£1.5m
Freehold
Ownership Interest
Annualised Net Rent
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.

98,000 sq ft
£25m - £50m
Principal Occupiers:

Motability Finance, Net Communications, Sedex Information Exchange

Key Facts:
100%
£0.6m
Freehold/Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
IPC Tower, EC4
IPC Tower

We submitted a planning application to the City Corporation in March 2011 to redevelop the existing IPC Tower to provide approximately 260,000 sq ft of new offices.

122,000 sq ft
£25m - £50m
Principal Occupiers:

Itochu Europe, Voluntary Sector Centres

Key Facts:
100%
£3.3m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
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