London - EC4
EC4 is one of the City of London's most diverse locations. Map of EC4
Stretching from Temple in the West to Monument in the East the River defines the southern boundary of EC4 with St Pauls to the north.
The total office stock in EC4 comprises around 21.5 million sq ft (the City's total stock is 92 million sq ft) making it the second largest (after EC2).
Major financial occupiers include Rothschild, Old Mutual, Fidelity, Nomura and WorldPay and Wells Fargo whilst Bloomberg is set to move in Q1 2018 into its new 700,000 sq ft European HQ incorporating a 30,000 sq ft covered retail arcade. Solicitors include CMS Cameron Mckenna, K&L Gates and Berwin Leighton Paisner. Major insurer Gallagher deserted its EC3 home for The Walbrook opposite Cannon Street Station. For the moment they remain in the vanguard and other insurers have yet to follow Gallagher's westerly relocation.
The public transport infrastructure includes mainline services from Cannon Street, Blackfriars and St Pauls Thameslink with underground stations at Temple, Blackfriars, Manson House, Cannon Street, St Pauls and Monument. Transport for London's £500m Bank Station improvement programme including a new entrance and ticket hall in Cannon Street is set to complete in 2021. Bank junction sees a pedestrian footfall of over 50,000 people per hour especially after its recent pedestrianisation.
Wren's 16th century masterpiece St Paul's Cathedral is the outstanding tourist attraction whilst the Thames walkway maintains its allure to tourists and office workers alike.
Hotels in EC4 range from The Grange and Travelodge's most successful London hotel in St Swithin's Lane. Dominvs is set to open a further 130 bedroom hotel opposite the Cathedral in 2019 whilst the Shiva Group will be launching their 350 bedroom Millennium Bridge Hotel spanning Upper Thames Street.
The newly re-branded Landsec developed the widely acclaimed 700,000 sq ft commercial complex at One New Change. The 200,000 sq ft retail complex provides 50 shops including the likes of Superdry and Boss plus restaurant and links to Paternoster Square, whilst the offices are fully let to K&L Gates and CBRE Investors.
West EC4 (part of Midtown) is home to many legal occupiers in part given its adjacency to the Royal Courts of Justice and the Inns of Court including Bird & Bird, Macfarlanes, Taylor Wessing and Charles Russell Speechlys. Major commercial developments include Landsec's New Street Square (700,000 sq ft) located off New Fetter Lane housing Deloittes. Goldman Sachs is building its new 840,000 sq ft European HQ office campus to the north in Farringdon Road to augment its current EC4 buildings. Other significant occupiers include The Law Society, HM Court Service in Rolls Buildings, together with Mizuho and Barings just off Ludgate Hill.
The contrast with the new and modern is reflected in 9 of the City's 26 conservation areas being designed within EC4. From east to west the designated areas are Laurence Pountney Hill, Bank, Queen Street, Bow Lane, St Pauls, Fleet Street, Whitefriars, Chancery Lane and Temple. EC4 Conservation Areas
St Bride's Church located south of Fleet Street is famous as the model church for the universally adopted wedding cake decoration!
BBG's office is in the centre of the City on the border of EC2 and EC4. Our client list includes a wide variety of investors, developers and occupiers with property interests in EC4.
To find out more or discuss London office property please call us on 020 3713 1950.