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Monument Place development in November 2013.

Monument Place development in November 2013.

12. November 2013
Monument Place development in November 2013.

Monument Place development in November 2013.

12. November 2013
Monument Place development in November 2013.

Monument Place development in November 2013.

12. November 2013
Monument Place development in November 2013.

Monument Place development in November 2013.

12. November 2013
Monument Place in June 2013.

Monument Place in June 2013.

8. June 2013
Monument Place in December 2012.

Monument Place in December 2012.

16. December 2012
Monument Place

Monument Place

16. December 2012
Monument Place and The Monument

Monument Place and The Monument

16. December 2012
Monument Place considerate constructors scheme sign

Monument Place considerate constructors scheme sign

16. December 2012
View to Monument Place development

View to Monument Place development

16. December 2012
View to Monument Place development in December 2012.

View to Monument Place development in December 2012.

16. December 2012

Monument Place

Address:
24 Monument Street, London EC3R 8AJ
Type:
Commercial
Completion:
Summer 2013
Area:
82,600 sq ft | 7,673 m2
Viewed:
10973

Description of Monument Place

Monument Place is a new 75,000 sq ft of highly specified, Grade A office space, rated BREEAM ‘Excellent'.

Specification

Portland stone facade with anodised aluminium frames
Double height reception
Air conditioning - Fan coil VRF system
Raised floors - 150mm gross
Metal plank suspended ceilings
LG7 lighting
Full height double glazing
Integral glare control blinds
Three lifts - 2 x 13 person and 1 x 21 person
Slab to slab - 3.51m
Floor to ceiling - 2.6m
Planning grid - 1.5m
Floor loadings 3 kN/m2 + 1 kN/m2
Occupational rates - 1:10 on all floors, 1:8 can be achieved on 2 floors
Loading bay
44 bicycle spaces
Five showers with changing areas and lockers
Standby generator with 400 KVA surplus for tenants' use
Space allocated on roof for tenant's satellite system, split units and additional standby generator capability
Terraces on 5th and 6th floors
BREEAM ‘Excellent' rating

Professional team

Architect - David Walker Architects
QS and Project Manager - Bond Davidson
Structural Engineer - WSP UK
Services Engineer and Sustainability Consultant - MTT
Town Planning - DP9
Space Planning - KKS
Main Contractor - Mace

Source: www.monument-place.co.uk December 2012

Connected Companies

Main Contractor:
Lettings:
Lettings:

News: (4)

Savills, on behalf of CERN’s in-house pension fund, has acquired Monument Place at 24 Monument Street, London EC3 from Rockspring Property Investment Managers and Alchemy Asset Management for £93 million. The purchase reflected a net initial yield of 4.4%.

Located in the heart of the City of London the building, totalling 82,600 sq ft (7,673 sq m) over ten storeys, comprises both prime office and retail space. New tenants include Ecclesiastical Insurance Office and law firm Cahill Gordon & Reindel. Three floors remain vacant.

Simon Ewart-Perks, director in the Central London team at Savills, comments: “Monument Place is a high quality development providing core investment exposure to the City of London office market and is well positioned to benefit from the strong rental growth forecast over the course of the next few years."

CERN (Organisation Européenne pour la Recherche Nucléaire) is a European intergovernmental research organisation based in Geneva, Switzerland. 24 Monument Street will be asset managed by Rocval, which also manages CERN’s European property portfolio.

Rockspring Property Investment Managers and Alchemy Asset Management were advised by Knight Frank.

Source: Savills savills.com

14/03/2015 10:46 by Buildington

Rockspring Property Investment Managers and development partner Charterfield Asset Management have signed three new 10 year leases totalling 20,422 sq ft at Monument Place, the newly completed office and retail development at 24 Monument Street, London EC3.

Ecclesiastical Insurance Office Plc, a UK company dedicated to providing insurance cover for the Church of England’s buildings, has taken the sixth and seventh floors, totalling 13,808 sq ft. Cahill Gordon & Reindel LLP, the US law firm, has leased 6,614 sq ft on the ninth floor.

Rockspring acquired Monument Place (formerly Centurion House) in December 2010 on behalf of Rockspring UK Value 1 and commenced construction in April 2012. Situated between Monument and London Bridge along the River Thames, it comprises approximately 75,000 sq ft of Grade A office and 7,600 sq ft of retail space in the heart of the City. Four out of the nine office floors are let and further letting activity is expected in September.

Richard Bains, Partner and UK Value Fund Manager at Rockspring said:
“We continue to see a high level of interest in Monument Place, which benefits from being one of the few brand new Grade A office buildings in the City of London. The lettings to Ecclesiastical Insurance and Cahill Gordon & Reindell, combined with existing tenants Conning Asset Management and American Golf, reflect this demand for Grade A space in markets with low supply, reinforcing our delivery strategy, and we are confident that we will reach full occupancy by the end of this year.”

Rockspring and Charterfield were advised by Knight Frank and Newton Perkins on the lettings to Ecclesiastical Insurance and to Cahill Gordon & Reindel LLP.

Source: Rockspring

11/09/2014 22:43 by Buildington

New photos!

16/11/2013 20:56 by Buildington

Monument Place - new on Buildington!

16/12/2012 19:17 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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