(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed a letting at 30 Golden Square, in Soho, London W1, following a comprehensive sustainability-led refurbishment project to decarbonise the building.
The letting has been agreed with Highland Europe, a growth-stage investor in European technology companies, which will occupy almost 9,000 sq ft of office across the top three floors of the building under an initial ten-year lease.
The refurbishment project at 30 Golden Square, led by Structure Tone, forms part of Aviva Investors’ ongoing commitment to retrofit and lower the carbon intensity of existing buildings in its portfolio.
In all, the work is estimated to have reduced CO2 emissions by 58 tonnes per annum, representing a reduction of more than 62 per cent. As a result, the building is on track to receive BREEAM ‘Excellent’ rating, placing it in the top 10 per cent of UK refurbishment projects with regards to its sustainability credentials.
It comes as Aviva Investors recently highlighted the strong investment case it believes exists for London offices, in a research paper assessing the prospects for London real estate in a post-Brexit, post-COVID world.
James Stevens, Head of Real Estate Investment at Aviva Investors, said:
“We are pleased to complete this letting with Highland Europe, which demonstrates a continued demand from businesses for best-in-class buildings in key locations, and particularly those well-placed for the transition towards a low-carbon future. The extensive work undertaken at 30 Golden Square has reduced its carbon intensity whilst creating an enviable workspace in one of our strategic investment locations.”
