AFIAA launches office building called Gresham St Paul’s
The Swiss Investment Foundation AFIAA and Stanhope on March 5 launched a new office building called Gresham St Paul’s, a workplace on Gresham Street with fantastic views of St Paul’s, designed to meet the needs of a modern business.
Gresham St Paul’s at 40 Gresham Street in the City of London will have approximately 170,000 sq. ft. of prime office space over nine floors, with large terraces on the top three floors, at the heart of the financial centre and close to St Paul’s Cathedral and other prominent cultural landmarks.
The design, by Stirling Prize winning architects Wilkinson Eyre, has focused on creating a sustainable building for the future by reusing the existing structure. They have looked to maximise natural light through use of the latest glazing technology, and increase fresh air supply to offer a light and air-filled state-of-the-art working environment. To help cater to modern working practises and promote personal well-being, the ground floor has been designed to provide occupiers with a range of amenities, including a café and business lounge. These will help promote creativity and collaboration amongst occupiers by offering a space to recharge, interact and seek inspiration away from the desk.
Kevin Darvishi, Leasing Director at Stanhope, said: “The sustainable redevelopment of Gresham St Paul’s will provide a host of amenities on the ground floor, light-filled working spaces that improve business performance and amazing views from the three new terraces of St Paul’s Cathedral.”
The technical specifications of Gresham St Paul’s are second to none, with a WiredScore Platinum rating, Wi-Fi enabled café, reception and business lounge, 254 bike and locker spaces with generous changing and shower facilities, and it is targeting a BREEAM Excellent sustainability rating.
The area around Gresham St Paul’s offers round-the-clock amenities to suit every lifestyle from speciality coffee and craft beer pubs to sophisticated restaurants and bars, as well as innovative health and fitness centres located nearby. The design responds to the changing environment and mix of occupiers in the City, which remains the Global Banking and Finance epicentre but is now also home to one-in-twelve tech, media and telecoms businesses, and a young workforce with 61% aged between 22 and 39.
Gresham St Paul’s is the first development project AFIAA has partnered with Stanhope on, who were the developers of the original building on the site. Construction is due to commence in March 2019 at the former head-quarters of Schroders to modernise and upgrade the building for occupancy by the autumn of 2020 with 2 retail units and a café open to the public on the ground floor. AFIAA Head of Asset Management International Bardo Magel states; “We believe in London as one of the world`s and as Europe`s most important and dynamic City for financial and young media/tech industry. By redeveloping Gresham St Pauls AFIAA offers top premises to top corporate tenants and provides outstanding long term added value to its investors.”
About AFIAA
AFIAA Foundation for International Real Estate Investments is a leading Swiss trust for direct investments into non-Swiss real estate which acts on behalf of 50 Swiss pension funds. AFIAA has invested an asset volume of approximately £1.6 bn into 27 prime office locations in major cities across Europe, North America and Australia.
Gresham St Paul’s joins the AFIAA London portfolio alongside 14 Tothill Street, 12 Golden Square, 21 Tudor Street and 80–82 Pall Mall. More than 300 international corporate tenants rely on AFIAA as an experienced long-term invested landlord and as committed asset manager.
Here you can find out more about the project:
https://greshamstpauls.com/
Contact
Bardo Magel
Global Head of Asset Management
AFIAA Foundation for International Real Estate Investments
Zollstrasse 42, 8005 Zurich
Tel: +41 58 589 19 57
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Gresham St Paul’s at 40 Gresham Street in the City of London will have approximately 170,000 sq. ft. of prime office space over nine floors, with large terraces on the top three floors, at the heart of the financial centre and close to St Paul’s Cathedral and other prominent cultural landmarks.
The design, by Stirling Prize winning architects Wilkinson Eyre, has focused on creating a sustainable building for the future by reusing the existing structure. They have looked to maximise natural light through use of the latest glazing technology, and increase fresh air supply to offer a light and air-filled state-of-the-art working environment. To help cater to modern working practises and promote personal well-being, the ground floor has been designed to provide occupiers with a range of amenities, including a café and business lounge. These will help promote creativity and collaboration amongst occupiers by offering a space to recharge, interact and seek inspiration away from the desk.
Kevin Darvishi, Leasing Director at Stanhope, said: “The sustainable redevelopment of Gresham St Paul’s will provide a host of amenities on the ground floor, light-filled working spaces that improve business performance and amazing views from the three new terraces of St Paul’s Cathedral.”
The technical specifications of Gresham St Paul’s are second to none, with a WiredScore Platinum rating, Wi-Fi enabled café, reception and business lounge, 254 bike and locker spaces with generous changing and shower facilities, and it is targeting a BREEAM Excellent sustainability rating.
The area around Gresham St Paul’s offers round-the-clock amenities to suit every lifestyle from speciality coffee and craft beer pubs to sophisticated restaurants and bars, as well as innovative health and fitness centres located nearby. The design responds to the changing environment and mix of occupiers in the City, which remains the Global Banking and Finance epicentre but is now also home to one-in-twelve tech, media and telecoms businesses, and a young workforce with 61% aged between 22 and 39.
Gresham St Paul’s is the first development project AFIAA has partnered with Stanhope on, who were the developers of the original building on the site. Construction is due to commence in March 2019 at the former head-quarters of Schroders to modernise and upgrade the building for occupancy by the autumn of 2020 with 2 retail units and a café open to the public on the ground floor. AFIAA Head of Asset Management International Bardo Magel states; “We believe in London as one of the world`s and as Europe`s most important and dynamic City for financial and young media/tech industry. By redeveloping Gresham St Pauls AFIAA offers top premises to top corporate tenants and provides outstanding long term added value to its investors.”
About AFIAA
AFIAA Foundation for International Real Estate Investments is a leading Swiss trust for direct investments into non-Swiss real estate which acts on behalf of 50 Swiss pension funds. AFIAA has invested an asset volume of approximately £1.6 bn into 27 prime office locations in major cities across Europe, North America and Australia.
Gresham St Paul’s joins the AFIAA London portfolio alongside 14 Tothill Street, 12 Golden Square, 21 Tudor Street and 80–82 Pall Mall. More than 300 international corporate tenants rely on AFIAA as an experienced long-term invested landlord and as committed asset manager.
Here you can find out more about the project:
https://greshamstpauls.com/
Contact
Bardo Magel
Global Head of Asset Management
AFIAA Foundation for International Real Estate Investments
Zollstrasse 42, 8005 Zurich
Tel: +41 58 589 19 57
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
