Member Article

LaSalle's London Wall redevelopment gets the go ahead

Real estate investment firm LaSalle Investment Management has finalised plans for a significant redevelopment project in the heart of the City of London.

The firm, alongside Citygrove Securities PLC, have been granted planning consent from the City to provide an additional 325,000 sq ft of office space at 60 London Wall, boosting capacity at the building by 30%.

Spread over the building’s ten floors, office space will range from 18,000 to 40,000 sq ft with impressive 21,000 sq ft terraces available on the property’s upper five floors, as well as a newly configured ground floor retail offering weighing in at 20,000 sq ft.

Located minutes from Moorgate, Liverpool Street and Bank, the newly refurbished building will also benefit from nearby access to the Elizabeth Line when it opens in 2018.

Gary Moore, Head of International Accounts, ‎LaSalle Investment Management, commented: “The team have created a first-class design, both internally and externally, with the upper floors having exceptional terracing which is rare in such a core City location.

“Our clients are very committed to the project and we look forward to working with Skanska and the professional team to complete the building.”

The work is due to be completed sometime between Q4 2019 and Q1 2020 with Skanska as the project’s main contractor.

Knight Frank and JLL are instructed as office leasing agents.