City of London’s tallest building gets the green light – despite firm’s Brexit uncertainty

London is to get a brand-new 62-floor skyscraper known as the “Helter Skelter” near Liverpool Street – after the owners confirmed they would go ahead with the project after all.

It will be located on Bishopsgate, and will be 278 metres tall.

The current tallest building in the City of London is the nearby Heron Tower, at 230m.

In the run-up to the EU referendum, the boss of AXA Investment Managers – who will develop the building – said the firm wanted to wait and see what the result was.

“We have not launched the project because we want to see the results,” Pierre Vaquier was quoted as saying.

But by yesterday he had changed tack. “The decision to proceed underscores our confidence in the progressive and attractive development that we will deliver at 22, coupled with the anticipated breadth of demand from local and global occupiers for easily accessible space in a prime location in the City of London, as one of the leading global centres for international business, that will respond to their future business needs,” he said.

(Pic: Hayes Davidson)

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