Aviva Investors has signed a major pre-let agreement with global law firm Dentons at its One Liverpool Street development in London.
Developed for completion in January 2026, One Liverpool Street will provide 176,000 sq ft of leasable office and retail space, spread across the ground and upper ten floors.
Dentons will take 67,600 sq ft of space in the building on an initial term of 15 years and expect to move into the building by mid-2026.
One Liverpool Street is being developed with environmental and sustainability credentials front-and-centre in its design. It is targeting a BREEAM ‘Outstanding’ rating, the highest certification that can be achieved when assessing the sustainability performance of a building through BREEAM’s third-party certification scheme, while also meeting Carbon Risk Real Estate Monitor’s (CRREM) decarbonisation pathway requirements and being compliant with EU Taxonomy.
The building will be 100 per cent electric with no gas boilers, include nearly 300 cycle spaces and high-quality end-of-journey facilities. It is expected to have a 33 per cent carbon saving over current Building Regulations and will contain high performance HEPA filters which will remove at least 99.97 per cent of particles from the air and a green roof to enhance biodiversity and provide rainwater attenuation.
Aviva Investors recently highlighted the strong investment case it believes exists for London offices, in a research paper assessing the prospects for London real estate in a post-Brexit, post-COVID world.
Ed Atterwill, Head of Central London at Aviva Investors, said: “We are delighted to complete this letting with Dentons, which demonstrates a continued demand from businesses for best-in-class buildings in the most connected areas of London and particularly those with market leading sustainability credentials. One Liverpool Street has stringent carbon reduction targets, aiming to lower ongoing energy needs through use of efficient materials and specific performance goals.”
Paul Jarvis, Chief Executive Officer of Dentons UK, Ireland and Middle East, added: “In One Liverpool Street we have selected an office that offers excellent transport links, access to fantastic local amenities and exemplary sustainability credentials. As one of the first occupants we will be able to shape the space, as we did with our recent moves into flagship offices in Dublin and Edinburgh, to balance the needs of our people and clients and drive the increased connectivity that our new strategy requires.”
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