Ratings agency Moody’s is relocating its European HQ from Canary Wharf to 10 Gresham Street in the City of London.
CBRE Investment Management (CBRE IM) has let 110,862 sq ft with a further 32,403 sq ft as option space at the recently refurbished Foster + Partners-designed building to the ratings agency.
The refurbishment of the 145,000 sq ft office, which was led by Gensler, preserved the building’s existing structure, including its iconic facade, saving 17,000 tonnes of carbon dioxide.
As part of the overhaul of the building, a new 2,576 sq ft private roof terrace has been created for Moody’s as well as a further 2,570 sq ft communal roof terrace featuring a dramatic eight-storey glazed atrium.
CBRE IM is targeting BREEAM Outstanding, WELL Platinum and an EPC B rating for 10 Gresham Street.
Doug Ryker, Moody’s managing director – real estate and workplace strategy, said: “Our move to 10 Gresham Street reflects our ongoing commitment to investing in our people and delivering a world-class employee experience. We look forward to creating a new, modern office environment that helps us foster meaningful connections, collaboration, and innovation.”
Matthew Barratt, director and office asset manager at CBRE IM, added: “In 10 Gresham Street, Moody’s has found a highly sustainable new base for its valued employees, one that combines innovative architectural design with high quality amenities, and exceptional environmental credentials in a prime City of London location.
“In line with CBRE IM’s strategic commitment to investing in sustainable real estate, the renovation will transform this iconic London building into a high-performance, super prime workspace focused on employee health and wellbeing, in keeping with the needs and expectations of modern workers.”
Knight Frank advised CBRE IM and Cushman & Wakefield advised Moody’s.
