Skanska secures pre-let of 8th floor at The Monument Building, London EC3

Press release 19/04/2016 09:01 CET

Skanska has pre-let the eight floor of its 94,000sqft (8,733sqm) office-led development in the City of London to Twentyfour Asset Management LLP.

skanska sec

The City-based, fixed-income asset management company has taken the 9,601sqft (892sqm) eighth floor of the nine-storey property on a ten-year lease.

Andreas Lindelöf, Skanska’s Managing Director of Development in the UK, said: “We have developed a new, top quality, modern office building, sympathetic to its historic location. This first letting, completed before the building work is finished, along with the imminent signing of our second occupier, confirms our view of the strength of demand for City office space.”

Work started on site at The Monument Building in December 2013 under the Workplaces by Skanska banner and has seen three separate buildings (11-15 Monument Street, 46 Fish Street Hill and 1-2 Pudding Lane) demolished and replaced with 90,000sqft (8,361sqm) of office space and 4,000sqft (372sqm) of ground-floor retail accommodation.

The Monument Building, designed by architect Ken Shuttleworth’s Make, features four terraces, a large reception area, state-of-the-art cycle storage and shower facilities. The building, which has recently been fitted with a ‘curtain’ of twisted, anodised aluminium fins on the south façade, will complete in June this year.

Savills represented Skanska in the transaction. Twentyfour Asset Management LLP was advised by Monmouth Dean.