(London) – Aviva Investors, the global asset management business of Aviva plc, and ABN AMRO, one of the largest Dutch banking and financial services companies, announce they have completed a leasing agreement at 101 Moorgate, one of Aviva Investors’ flagship office developments in the City of London.
The asset is a joint venture between Allianz, whose participation is managed by PIMCO Prime Real Estate, and Aviva Investors, which has the asset management mandate for the property.
The agreement will see ABN AMRO occupy the top four floors at 101 Moorgate on Levels 5-8, which together represent 33,000 sq ft of prime office space, on an initial 15-year lease. It follows Arcus Infrastructure agreeing to take 9,000 sq ft on the first floor of the building.
Sitting at the western entrance to the Elizabeth Line at Liverpool Street station and immediately opposite the entrance to Moorgate station, 101 Moorgate, provides over 70,000 sq ft of office and retail space over its ground and eight upper floors, alongside extensive terracing. Recently completed, it is fully-electric and has an EPC ‘A’ rating, whilst also targeting NABERS 5* and BREEAM Outstanding certifications.
101 Moorgate is the third of six best-in-class office developments being delivered by Aviva Investors in London over a five-year period, including Pegasus in Mayfair, and One Liverpool Street. In August, Aviva Investors added to its pipeline of development schemes by purchasing the remaining stake at New Broad Street House. An initial assessment into the building’s development potential suggested it could provide up to an additional 100,000 sq ft of additional prime office space, subject to planning permission. In September, Aviva Investors received approval from the City of London Corporation’s Planning and Transportation Committee for its proposed redevelopment of 130 Fenchurch Street, which would see the creation of a showpiece 34-storey tower in one of the most dynamic office clusters in the Square Mile.
Ed Atterwill, Head of Central London at Aviva Investors, said:
“Attracting high calibre businesses such as ABN AMRO is a great validation of our continued commitment to central London offices and the quality of our office developments. We are incredibly pleased it has chosen 101 Moorgate as its UK headquarters. The letting is testament to Aviva Investors’ development and investment management capabilities and shows the enduring appeal of modern, amenity-rich workspace in core central London locations.”
Niki Dembitz, Head of UK & Ireland at PIMCO Prime Real Estate, commented:
“101 Moorgate is a showcase for our conviction that class-A offices in strong locations will continue to attract prime tenants and deliver long-term income for our clients. With its certified, intelligent approach to sustainability and well-being, this office is a superb workspace for tenants and their end-users and sets a new benchmark for modern buildings in London.”
Gerben Dragt, UK Country Executive, at ABN AMRO, added:
“We are delighted to have agreed a lease for our new UK headquarters, marking an exciting chapter in our Bank’s growth. This landmark building will not only provide an inspiring and welcoming environment for our team and clients but also underscores our commitment to investment in the UK. We look forward to collaborating with Aviva Investors to make this space a hub of opportunity and success.”
