Gamuda Berhad and Castleforge Partners have obtained full planning consent for the redevelopment of 75 London Wall in the City of London.
The plans for the office building, which was formerly home to Deutsche Bank, were developed by London-based architects Orms.
Around 89% of the existing built fabric will be retained and the building’s capacity will be increased by 40% to 688,000 sq ft thanks to the introduction of new storeys as a “stacked series of layers”.
The joint venture partners are targeting BREEAM Outstanding, WELL Core Platinum and NABERS UK five star design for performance accreditations.
Michael Kovacs, founding partner of Castleforge, said: “In order to bring workers back into the office, occupiers will increasingly look for spaces that set them apart from their competitors. We never bought the idea that office working was ‘dead’ and so it is proving as people flock back to Central London.
“The planned refurbishment of 75 London Wall will create best-in-class office spaces, in a top location with the significant amenities blue chip companies now demand for their people. The building will also set a new standard for sustainability in London office space making a lease here a win for the planet and a win for occupiers’ ESG strategies.”
Chu Wai Lune, chief executive officer of Gamuda Land, added: “The granting of full planning consent marks a significant step forward for 75 London Wall. Construction can now begin, allowing Gamuda and Castleforge to realise our vision for the site: bringing to life sustainable office space that sets a new standard for Grade A+ in London, as a gateway city to the world. This approval signifies a key milestone in the project’s development.
“It also further solidifies Gamuda’s presence in the UK property market, where we aim to build a portfolio of real estate investments that deliver compelling returns for our shareholders”.
Colin McColl, director at Orms, said: “75 London Wall sets a new reference point for the upgrade and extension of headquarters office buildings. This is the kind of project our cities need: sensitive to context and respectful of the existing grain, while taking advantage of opportunities to improve the building offer, both inside and out.
“Our vision for 75 London Wall is not merely about redevelopment; it’s about setting a new standard for sustainability, adaptability, and community enhancement in the heart of the City of London.”
Multiplex has been selected as the preferred main contractor and the full redevelopment is anticipated to be delivered by Q3 2027.
