BNP Paribas Real Estate advised CIT Group in the acquisition and redevelopment of Finsbury Tower in London.
The client required strategic acquisition advice with a view to securing a landmark tower redevelopment opportunity.
We advised CIT on the acquisition of Finsbury Tower, a 280,000 sq ft re- development opportunity located within the Old Street ‘tech hub’, one of the most exciting office sub-markets in London. It has since secured planning consent and construction has commenced.
Grade A office accommodation due
Estimated end value of the development
James Carrington - Senior Director, City Investment
“This was a fantastic example of identifying and securing a high-profile redevelopment opportunity. We continue to offer strategic development and occupational advice to deliver approximately 280,000 sq ft of commercial space.“
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