60 St Mary Axe

St Mary Axe60-70 St Mary Axe was a single let investment to Barclays Bank Plc, purchased in 2001. The freehold interest included 40% of an Island site in the heart of the City of London.

Following vacation of Barclays Bank Plc we developed and delivered the first Targetspace Business Centre. Direct lettings were completed on the ground floor to Starbucks and Pasta Box.

We planned and secured consent for the so-called "Can of Ham" office development of 300,000 sq ft NIA (Net Internal Area). This investment and development opportunity was sold in 2010, achieving 40% above the initial purchase price.

With initial groundwork commencing in 2015 construction of the "Can of Ham" is now fully underway incorporating most of Targetfollow's original design elements and retaining the design's distinctive shape.