MEAG has received planning permission for the refurbishment and extension of 30 Finsbury Square in London.
The retrofit will deliver circa 13,000 sq m (circa 140,000 sq ft) of office space across a nine-storey building featuring upgraded public realm.
The all-electric building will benefit from a new double-height lobby, a new secondary entrance, an upgraded façade and new MEP services. An extra level on the roof will provide additional office space, a winter garden and a large roof terrace with plants.
MEAG, which is the asset manager of Munch Re Group, is targeting BREEAM Outstanding, WELL Platinum and a NABERS rating for the building.
Katja Rincker, head of real estate development at MEAG, said: “As an equity-strong investor we are able to implement developments in challenging times to deliver sustainable value. By listening to the needs of our tenants for a modern office building and meticulously analysing the existing property, we can bring together high levels of sustainability and outstanding quality. With our partners Fletcher Priest Architects, Introba and CBRE as project manager we are able to put 30 Finsbury Square in the best possible position for the future.”
Knight Frank and Cushman & Wakefield are letting agents for 30 Finsbury Square.
