CBRE Investment Management (CBRE IM) has let 32,403 sq ft of office space to MetLife Investment Management (MIM) at 10 Gresham Street in the City of London.
The institutional asset management business of MetLife has signed a 10-year lease for the entire third floor of the building, which is now fully let.
Originally designed by Foster + Partners, the 251,000 sq ft office building has been reimagined to create workspace tailored to meet the needs of modern occupiers.
The transformation includes an eight-storey glazed atrium, communal rooftop facilities offering panoramic views across the City, extensive cycling and wellness amenities, and enhanced environmental performance achieved through the retention and reuse of the building’s existing structure.
Louisa Butters, head of UK urban destinations at CBRE Investment Management, said: “The letting of the final available floor at 10 Gresham Street reflects the strong demand for best-in-class office space in the City of London. The building’s successful repositioning demonstrates that occupiers continue to prioritise high quality, sustainable workplaces that support employee wellbeing and collaboration. We are delighted to welcome MIM to the building and to have achieved full occupancy following the completion of this transformative refurbishment.”
Mick Sweeney, head of MetLife Investment Management, EMEA added: “We are delighted to establish 10 Gresham Street as the home of our integrated business and investment capabilities in London, creating a hub to drive the expansion of our wider EMEA business. By bringing colleagues together in a single location in the City of London, we will strengthen our client culture and support the continued growth of our business.”
Cushman & Wakefield and Knight Frank advised CBRE IM. Cushman & Wakefield advised MIM.
