With investors committing £2.2bn into London offices in Q1 2023, it is clear that London is a powerhouse of global significance.
With its education pathways, linguistic capabilities and the natural advantage of the UK time zone, it comes as no surprise that London attracts more HQs than anywhere else in Europe.
London is the top destination for US companies growing internationally
annual visitors to London
jobs supported by over 46,000 tech companies
leased in Central London during H1 2023
creatives serving or employed by businesses around the city
London’s timeframe to become a zero carbon, zero pollution city
value of London's ecosystem
invested into London offices in Q1 2023
of funding invested into the locality through the Aldgate BID, further-improving the community, security and culture of the area
The area offers great value, desirable amenities and unparalleled connectivity.
Aldgate is reaping the rewards of a location that straddles both the ‘Growth Belt’ and the City of London.
Historically centred around ‘Silicon Roundabout’ the vibrant, creative extension of this zone now stretches from King’s Cross, through Shoreditch, Aldgate and towards the south-eastern City fringe.
Tenant migration from more traditional areas of the city to the ‘Growth Belt’ has been a clear trend in recent years.
Whilst there is so much on your doorstep, 60 Aldgate also sits minutes away from the rest of London. What’s more, a revolutionary upgrade to the City’s transport means that Heathrow can be accessed at pace, opening up the location to a truly global market.
Developer: Schroders and Stanhope
Status: Planning approved – July 2023
Description: Third tallest tower in the Square Mile (63 and 23-storeys) comprising c. 1M + sq ft of commercial accommodation of which c.800,000 sq ft will be office accommodation and a public rooftop.
Developer: AXA IM and YardNine
Status: Construction is due to begin in 2024
Description: 36-storey commercial tower, 37,000 sq ft of new public space and roof garden and 645,000 sq ft of office accommodation.
Developer: Dominus
Status: Planning approved - Feb 2023
Description: 780 bed student accommodation with 35% affordable units.
Developer: Brockton Everlast
Status: Planning approved – Nov 2021
Description: 24-storey tower with c.608,000 sq ft of office accommodation as well as flexible retail/café space, community space and new public realm.
Developer: Hertshten Properties Limited
Status: Planning approved - March 2023
Description: 32-storey tower with c.377,000 sq ft of office accommodation, a large civic public hall at ground level, and a publicly accessible heritage garden.
Developer: Tenacity Group
Status: Planning approved - 2021
Description: 31-storey tower with c.205,000 sq ft of office accommodation, 7,000 sq ft of retail and 6,400 sq ft of publicly accessible garden terrace and open space.
Developer: M&G and Nuveen
Status: Phased completion from 2023
Description: 34-storey building with c.857,000 sq ft of office accommodation and ancillary retail and amenity space. c. 215,000 sq ft pre let to Kirkland & Ellis and c.85,000 sq ft pre-let to Chubb.
Developer: Partners Ground and YardNine
Status: Practical Completion 2020
Description: 15 storey landmark office building with c.250,000 sq ft of office and ancillary retail accommodation.
Developer: Brookfield
Status: Practical Completion 2024
Description: 35 storey landmark office building with c.430,000 sq ft of office and ancillary retail accommodation. 200,000 sq ft pre-let to Latham & Watkins.
Developer: Aroland Holdings
Status: Planning approved
Description: Planning consent for the City’s tallest tower at just under 305m and 73-storeys, providing 1.4 M sq ft of retail and office accommodation.
Developer: CLS Holdings
Status: Q2 2023
Description: Comprehensively refurbished office building comprising c.97,000 sq ft of accommodation arranged over 8-storeys.
Developer: Lasalle IM & Trilogy Real Estate
Status: Q3 2023
Description: 140,000 sq ft of education and ancillary accommodation. Part pre-let to Nottingham Trent University and Access Creative.