This week, TH Real Estate’s “Can of Ham” at 70 St Mary Axe, EC3, topped out – more than a decade after its inception. The 332,000 sq ft, 22-storey building is due to complete in December. US law firm Sidley Austin has 100,000 sq ft of space under offer, having agreed a deal to pay a rent just under £70 per sq ft. TH bought the site in 2011 for about £20m from the administrators of its holding company, which was a subsidiary of Targetfollow, and combined it with an adjoining site it already owned.
This week, TH Real Estate’s “Can of Ham” at 70 St Mary Axe, EC3, topped out – more than a decade after its inception. The 332,000 sq ft, 22-storey building is due to complete in December. US law firm Sidley Austin has 100,000 sq ft of space under offer, having agreed a deal to pay a rent just under £70 per sq ft. TH bought the site in 2011 for about £20m from the administrators of its holding company, which was a subsidiary of Targetfollow, and combined it with an adjoining site it already owned.
