1. January 2019

  2. Final two floors let at 20 St Andrew Street, EC4

    29 January 2019
    January saw the occupation of the final two floors at 20 St Andrew Street, a development by AXA Investment Managers and Morgan Capital. Colliers’ involvement with the building goes a back a while, to when we acted on the initial acquisition in 2015.
    Since then, the building has been transformed into a first class workplace and now comprises some 58,000ft2 over ten storeys with new terraces on levels 6 to 9. Visitors are welcomed with a sumptuous modern reception in the style of a boutique hotel lounge bar with large comfortable armchairs and chic geometric décor.

    The refurbishment has attracted tenants from Midtown, the City Fringe and the West End with its combination of impressive design and accessible location, just 6 minutes’ walk from the new Elizabeth Line interchange at Farringdon, set to open in Autumn 2019 when Phase One of Crossrail completes.

    The letting of the 8th and 9th floors to the high quality meetings space provider, The Clubhouse, offers the occupiers of 20 St Andrew Street an extra expansion space for meetings, presentations and events at the top of the building.

    Agreed in November, this was an interesting pair of deals because, having made their respective clients aware of the situation, both lettings involved Colliers acting for the landlord and the tenants in agreeing the leases. While the Agency & Development team advised the landlord in the disposal, the Occupier Advisory team assisted Reorg and Hatch in acquiring their new space.

    Reorg Research has offices on three continents with an editorial team providing business information analysis to more than 15,000 professionals across the world’s leading hedge funds, investments banks, law firms and financial advisors. Reorg has taken the 5th floor and relocated to the building from Farringdon, having matured out of a serviced offices facility and decided to create its own identity by operating from its own space.

    Hatch is a global and multidisciplinary management, engineering and development consultancy, employing more than 9,000 people across 70 offices on six continents. The company’s London operation had been working out of smaller offices in Victoria and, driven by corporate activity and the acquisition of a company based in Clerkenwell, needed to expand and consolidate its operations. Hatch will take occupation of the 4th floor.

    The Author

    Dominic Hoole
    +44 20 7487 1821
    +44 7711 768225