Key Details

Overview

100 Cheapside is a 100,000 sq ft Grade A office and retail building in the City of London, between Bank of England and St Paul's Cathedral.

Joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates built the new BREEAM ‘Excellent' building, which offers office floor plates of up to 11,000 sq ft over 10 floors.

The building is arranged on two basements, ground and nine upper floors.

The building includes 9,000 sq ft of retail accommodation.

The location benefits from the City Corporation's Cheapside Retail Initiative, which aims to significantly enhance the local streetscape and will reinforce Cheapside as one of the City's main shopping destinations.

History

2014 September - Standard Life Investments Pooled Pension Property Fund acquires 100 Cheapside from the joint venture partners CarVal Investors, Orion Capital Managers, the City of London Corporation and Quadrant Estates for £95.5m. CBRE acted for Standard Life Investments, BNP Paribas acted for the developer.

2014 March - CarVal Investors, Orion Capital Managers LLP, the City of London Corporation and Quadrant Estates top out 100 Cheapside with a ceremony held on site alongside its contractor Skanska UK and EPR Architects Ltd.

The prime building was one of the last parts of Cheapside to be developed, and was completed in October 2014.