15th Oct 2025 09:28
Great Portland Estates PLC - London-based office building developer and landlord - Wins planning permission from Southwark Council for its St Thomas Yard office development in south east London, near London Bridge Station. On the site, previously know as New City Court, Great Portland Estates plans to add 5 storeys to an existing structure from the 1980's to create an 11-story office building. The work will increase the building's total net area to 190,00 square feet from 100,000.
"Our scheme adds to what already exists on the site, re-using all of the concrete frame of the current building to deliver high-quality office accommodation, refurbishing a terrace of Georgian town houses to provide affordable workspace, and making significant improvements to the streetscape and greenery of the local area," comments Simon Whittaker, director of project designers Orms.
GPE stock price: 331.00 pence
12-month change: down 0.9%
By Tom Waite, Alliance News editor
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