A deal could be done on 100 Cheapside!

Feb 21, 2012

Following the ‘go ahead’ on 100 Cheapside, amidst the controversy of it blocking light to other buildings in the area, the battle is now about who will own this impressive development.

It is understood that private investor and development firm Quadrant Estates, investment management firm CarVal Investors and Orion Capital Managers are all interested parties when it comes to a deal which, it has been suggested, could be worth £25 million.   Local authorites overruled any objections about the development due to the fact that it held too much economic importance for the area.  This can be seen by the interest it has already generated as well as there being a hint that Apple could also be interested in it as a store.

The development has been designed by Michael Aukett Architects and will consist of two basements, a ground floor and a further nine storeys.  The building will provide a total of 87,000 sq ft of both office and retail space.

For serviced office space within this area or for a broader idea of what is available for serviced offices Central London please contact Square Mile Offices.