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77 Coleman Street, London

Award-winning, repositioned workspace with ambitious sustainability targets, in the heart of the city.

Kajima's role: Investor
Status: Operational since August 2020
Key stats: 81,767 sqft

77 Coleman, strategically situated 160 metres south of the new Crossrail station at Liverpool Street / Moorgate, was acquired in 2014 as part of Kajima’s value-add London office investment strategy. The acquisition provided Kajima with an opportunity to comprehensively reposition the asset via a substantial refurbishment programme to increase the net lettable floor area and create best-in-class office space with market-leading amenity offerings.

The building comprises a total of 81,767 sq ft, a 25% uplift generated since its acquisition, across six office floors, ground and lower ground floor retail, and terraces on the top two floors. The site was refurbished with particular attention paid to providing more outside space. This took the form of terraces and newly landscaped public realm including green, restorative gardens. The building has dual frontage and dual access via both Coleman Street and Moorgate, with the opening up of Nun Court at street level. Connecting the office and retail frontages and unifying the facades has created even more value to the development.

With sustainability in mind, 78% of the building’s original frame was retained as part of the redevelopment. The 13,200 tonnes of concrete this saved meant enormous CO2 savings and less embodied carbon than almost any other development of comparable size. The building, completed in August 2020, achieved a rating of BREEAM Excellent.

As of 2022, high-quality occupiers are committed to the building including investment firms Amundi (UK) Limited and Loomis Sayles Investments. Other occupiers at the building are Cleveland Clinic, and Clays – a competitive socialising bar that provides virtual clay pigeon shooting.

The project has been highly regarded by the industry, with the building winning City of London Refurbishment of the Year at the OAS Development Awards 2022, as voted by agents in the market.

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