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125 Shaftesbury Avenue | St Giles | 12 fl | Approved

6177 Views 10 Replies 8 Participants Last post by  heymikey1981
125 Shaftesbury Avenue
St Giles

Planning application:
Camden 2016/5202/P

Official website:

Development Facts

125 Shaftesbury Avenue, London WC2

Developer: Almacantar

Architect: DSDHA

Height: 70.090m AOD

Floors: G+11

Floorspace (GIA)

Total: 30,912m²

Office space (B1): 28,513m²

Flexible retail space (A1/A3): 2,399m²



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Looks they are re-instating (sort of) the link (Little Compton Street I think)between Old & New Compton St that this building blocked off
Those exterior stair cases look very elegant
Outside staircase not ideal in a generally wet climate though.
I used to work in this building, many years ago, nice to see it is receiving a makeover....
The new roof structure at the 60 London Wall thread reminded me of this project. Is there any progress with this site?
Savills IM acquires 125 Shaftesbury Avenue for £267m
Property Funds World
December 2018​
Savills Investment Management (Savills IM), the international real estate investment manager, has completed the purchase of 125 Shaftesbury Avenue for GBP267 million from Almacantar.

Savills IM concluded the transaction on behalf of a club of Korean institutional investors managed by Vestas Investment Management (Vestas).

The building, located in central London’s Soho district, was built in 1982 and consists of 190,000 sq ft of office, retail and ancillary space over 11 floors, including ground and basement.

The office space in the property, consisting of 140,000 sq ft, is undergoing a comprehensive refurbishment and is leased to WeWork for a term of 20 years. The 37,000 sq ft of retail space is let to five tenants, which include and Nisbets.

Alistair Ennever, Transaction Manager, Savills Investment Management, says: “Savills IM is delighted to have advised Vestas Investment Management and its Korean institutional investors on the acquisition of 125 Shaftesbury Avenue. The building is a substantial freehold in the West End of London, which is well let and will undoubtedly benefit from the opening of the Elizabeth Line at Tottenham Court Road in 2019. We look forward to managing this building as the location develops and continuing our partnership with Vestas and its investors in future transactions.”
Will Savills IM push on with the redevelopment of the building using the current approved design?
Will Savills IM push on with the redevelopment of the building using the current approved design?
Nope. We Work have scuppered a couple of redevelopment schemes now with their expansion plans.

The redevelopment of the naff friars Court on blackfriars Road has also been shelved and will be refurbished as well.
Any updates to this site, including a new proposal? This is a major site in the West End that will hopefully trigger the redevelopment of New Compton Street from a back alley to a bonafide high street.
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