Legal & General has completed a letting with financial services firm, Quilter PLC, to acquire 93,600 sq ft at the repositioned development, Senator, 85 Queen Victoria Street, London EC4.
Senator is owned by Vantage, a joint venture London office partnership between Legal & General Capital and PGGM.
Quilter has taken space across six floors of the building which includes the new roof pavilion. Designed by Ben Adams architects, the building has undergone a comprehensive refurbishment and is situated in a prime location between St Paul’s and the river. Quilter will benefit from efficient, progressive workspace including a new seventh floor roof pavilion and terrace with stunning views across central London. The building has a BREEAM Excellent energy rating and is elegantly designed throughout.
Nigel Fuller, Senior Fund Manager at Legal & General, said: “The refurbishment has transformed the building and is testament to our team’s ability to reshape existing buildings in prime urban locations to make them suitable for today’s modern working environment. This new letting demonstrates the huge demand we are seeing for this type of work space from blue chip occupiers, such as Quilter, who recognise the importance of its work environment to improve its staff’s well-being and productivity.”
Phil Purves, Head of Estates for Quilter, added: “Following an extensive search we are delighted to have concluded the transaction at Senator. The building is situated in a location well known to us and we look forward to realising the benefits of consolidating our London based operations in an outstanding working environment for our colleagues and clients.”
JLL and Allsop acted jointly for Legal & General and Cushman & Wakefield acted for Quilter.