The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

77 Coleman Street Reaches 50% Occupancy Despite Pandemic

77 Coleman Street Reaches 50% Occupancy Despite Pandemic
11 March 2021

Dolfin Financial Ltd has been announced as the latest tenant at the landmark London building.

Kajima Properties, the London based property investor, developer and asset manager, has reached 50 per cent occupancy for 77 Coleman, completed in Summer 2020 during the COVID-19 pandemic. 

The occupancy milestone reflecting the optimistic outlook for prime London office space, says Kajima.


7.6m Square Feet of Active Office Space Required in January 2021


According to Kajima, the leasing of the sixth floor to Dolfin demonstrates the continued appetite among businesses for high-quality office space in London, which in January saw 7.6 million square feet of active office requirements, according to property agent Knight Frank.

International investors are also set to inject as much as £46 billion of capital into the London office market over the next year, a vote of confidence both in its resilience post-Brexit and as national lockdown continues.  

Designed by Buckley Gray Yeoman architects, the 83,000 sq ft NIA office and retail development opens on to Coleman Street Gardens in EC2, one of the city’s rare green spaces. The redeveloped building, which is rated Platinum by Wired Score, is less than a minute’s walk from the new Elizabeth Line station at Moorgate.  



Picture: a photograph of the interior of 77 Coleman Street, showing a large reception desk


With offices arranged over seven floors and boasting generous ceiling height of up to 3.175m, the building also includes 16,000 sq ft NIA of retail and leisure space with frontage onto Nun Court, giving pedestrians a quick and bright route through a dense urban block in a popular part of London.   

Situated in one of the most sought-after locations in the city, the refined building also includes an integrated café and shared workspace in a voluminous 3,200 sq ft reception space, three terraces on the upper floors with spectacular views over the city and the adjacent Coleman Street Gardens, as well as 146 cycle spaces with extensive shower and changing facilities. 

CBRE and BH2 are the letting agents for the office space. Retail and leisure are marketed by Harper Dennis Hobbs and CBRE.  

Alex Parsons, Investment & Development Manager at Kajima Properties said: “We are exceptionally proud to bring 77 Coleman to 50 per cent occupancy in the midst of the coronavirus pandemic and repeated national lockdowns. Despite forecasts of continued home working and a decreased emphasis on the office by businesses, this milestone is indicative of sustained and robust demand for prime London office space. Undoubtedly, occupiers will continue to seek out high quality, forward-looking real estate, such as 77 Coleman.”

Picture: a photograph of the interior of 77 Coleman Street, showing large windows

Article written by Ella Tansley | Published 11 March 2021


Related Articles

UK’s Largest 100% Electric Net-Zero Office Set For 2026

A £400 million development finance facility to fund 105 Victoria Street means building work will commence this year, with Skanska as the main contractor. Welput,...

 Read Full Article
Allianz Real Estate and Aviva Investors to Develop Prime London Offices

Allianz Real Estate and Aviva Investors have formed a joint venture to develop two Grade-A, prime office buildings in the City of London. 1 Liverpool Street and 101...

 Read Full Article
Contractors Sought for New Sustainable Victoria Office

The largest speculative office scheme to come forward in London since the pandemic is to go ahead. Welput, the central London office fund managed by BentallGreenOak...

 Read Full Article
New London Workspaces Open in Midtown & Spitalfields

Flexible workspace provider x+why has announced the launch of two new London workspaces: The Fulwood in Midtown and Huguenot Place in Spitalfields. The...

 Read Full Article
22 Bishopsgate Complete

Europe’s first vertical village, 22 Bishopsgate, has reached completion. Powered 100 per cent by renewable energy, 22 Bishopsgate is designed to put people first...

 Read Full Article
Shoreditch’s Bishopsgate Goodsyard to be Developed in Major Regeneration

The Mayor of London has approved Hammerson and Ballymore’s plans to transform the Bishopsgate Goodsyard site into a mixed-use urban quarter that will help drive the...

 Read Full Article
Will HSBC Leave its Iconic Canary Wharf Home?

Leaked memos suggest that the banking giant is considering whether to keep its global HQ at HSBC Tower when the lease expires in 2027. HSBC has occupied the 45-storey...

 Read Full Article
TfL Searches for Partner to Expand Commercial Real Estate Portfolio

Transport for London is searching for a new joint venture partner to create a portfolio of three new commercial office developments at Bank, Paddington and...

 Read Full Article
Leeds Development First Outside London to Achieve NABERS 5 Star Target

A new development in the heart of Leeds, 11 & 12 Wellington Place, has been officially confirmed as one of the UK’s most sustainable office buildings. With a...

 Read Full Article
Madison International Realty Invests in 105 Victoria Street

Madison International Realty has invested in 105 Victoria Street, the UK's largest net-zero office development. This is in addition to the funding from Welput, the...

 Read Full Article