The building received the DGNB Platinum award from the German Sustainable Building Council with a total compliance rate of 95.4% – the highest ever for a new construction project.
In July, the Clothworkers’ Company exchanged contracts with AXA IM Alts for a long leasehold of the 1.2-acre site to make room for its newest building – a 650,000-square-foot office fit for the 21st century.
Tishman Speyer recently sold 2.5m square feet of office and retail space at The Springs in Shanghai to the social media platform's parent conglomerate.
As global markets start to reopen and covid restrictions begin to widely ease, fluid pricing and supply chains have created negative repercussions within the private real estate market.