Barings has been given the go-ahead by the City of London Corporation to add two floors to 25 Moorgate, EC2.
The extension is part of a refurbishment programme that the investor said would deliver 79,500 sq ft of space when it completes in the final months of 2024. Barings bought the building on behalf of its Barings Real Estate European Value-Add II fund in March 2022 and is now hunting for prelets via JLL and Cushman & Wakefield.
The refurbishment scheme will target BREEAM Outstanding certification, an EPC A rating, WiredScore Platinum accreditation and a Nabers 4.5-star rating.
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