Finsbury Roof Terrace Aerial

MEAG commenced construction on the development and extension of 30 Finsbury Square on August 1, following the planning approval from Islington Council.

The project will transform the existing building into a high-quality, nine-story office building in one of London’s most sought-after business locations. Taking into account sustainability aspects, well-being, and future-focused flexibility, a modern working environment will be created in combination with an upgrade of the public realm.

The building will be extended by an additional floor and the new top floor will be used as a green roof terrace and winter garden. The measures also include a redesigned two-story entrance with a café on the ground floor, which will be open to the public with an adjoining terrace, new health and wellness facilities, an additional building entrance, a modernized façade, and the complete renewal of the technical building equipment (MEP) with a fully electric energy concept based on air heat pumps and photovoltaic systems. End-of-trip facilities such as bicycle parking spaces, showers, changing rooms, and a wellness area will enable users of the property to utilize environmentally friendly mobility options.

Moritz Maier, responsible project director at MEAG: “We are looking forward to the start of construction at 30 Finsbury Square – an ambitious project that aims to set the highest standards for a sustainable office refurbishment in the City. Designed around the needs of modern occupiers, it delivers high-quality workspace while respecting the building’s heritage. Together with our partners, we’re creating an adaptable, efficient environment

With this project, MEAG is targeting top-tier sustainability certifications, including BREEAM “Outstanding,” WELL “Platinum,” and NABERS UK. In addition, 90% of the existing building structure, including the original Portland stone façade, will be preserved to minimize embodied carbon.

Project participants:

• Architect: Fletcher Priest Architects
• Real estate agent: Knight Frank / Cushman & Wakefield
• Legal advice: Simmons & Simmons
• General contractor: Collins Construction
• Project control & management: CBRE
• Cost management: Savile Brown Associates
• TGA – Planner: Introba
• Structural and facade planning: Maffeis

MEAG is the asset manager of Munich Re. With branches in Europe, Asia and North America, it also offers its extensive know-how to institutional investors and private clients from outside the company group. MEAG currently manages assets to the value of around €360bn, €62bn of which for non-Group investors.