INDUSTRY NEWS

Newly finished Cannon Place office building opened by Lord Mayor of London

The construction of new London office space at Cannon Place has finally been completed.

A joint venture between international real estate company, Hines, Network Rail and London Underground, the development at Cannon Place will provide the city with around 400,000 sq ft of space; Cannon Street station has also undergone a re-development as part of the project.

In an official launch lunch, the Lord Mayor of London, The Right Honourable Alderman, Michael Bear, declared the Cannon Place building officially open.

He stated: “Buildings such as Cannon Place are crucial for the future prosperity of the city, providing the environments to attract global corporate occupiers to help London maintain its position as the world’s greatest financial centre.”

Constructed over eight floors, Cannon Place has been built from both glass and steel, also using complex engineering techniques to give it a spectacular appearance – appearing to float above Cannon Street station.

The building will provide 389,000 sq ft of Class A office space, with a further 10,000 sq ft solely dedicated for retail amenities on the property’s ground floor.

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office space

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