REG - Great Portland Ests. - GPE completes 2 Aldermanbury Square, EC2

Great Portland EstatesAnnouncement

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RNS Number : 9531X  Great Portland Estates PLC  25 March 2026

25 March 2026

 

GPE completes its largest office development to date at 2 Aldermanbury Square,
EC2

Great Portland Estates plc (GPE) announces it has reached practical completion
at 2 Aldermanbury Square, EC2, delivering 321,650 sq ft of best-in-class HQ
office space. With the building now complete, Clifford Chance, which has pre
let all the office space, will soon take occupation to begin its fit out.

This milestone completes a project which was first designed in 2019, received
planning consent in 2021 and was delivered on time and to budget. The new 13
storey building delivers premium workspace in the heart of the City,
complemented by improved public realm, a panoramic roof terrace, flexible
floorplates and an impressive double height reception. The site benefits from
excellent transport links, with Moorgate, Liverpool Street and Bank stations
all within a short walk, providing access to the Elizabeth line, National Rail
and multiple underground lines.

Working closely with its supply chain partners, GPE has delivered a market
leading embodied carbon target of 561kgCO₂e/m²* and has also achieved its
first BREEAM 'Outstanding' building. The former building, City Place House,
acted as the donor for GPE's pioneering steel reuse approach, with more than
1,500 tonnes of steel recovered and now forming almost 80% of the steel frame
at GPE's new build scheme at 30 Duke Street, St James's, SW1. 2 Aldermanbury
Square is also GPE's first NABERS Base Build Design For Performance 5*
development.

Miles Wilkinson, Senior Project Manager at GPE, commented: "Completing a
development of this scale and complexity on programme is a major achievement.
It reflects the strength of collaboration with Bovis, our supply chain
partners and consultants,  and shows what is possible when teams unite behind
a shared sustainability vision."

Piers Blewitt, Director of Development Management at GPE, added: "At 321,650
sq ft, this project is GPE's largest single office development and was pre-let
entirely off-plan to Clifford Chance.  It is almost double the size of the
previous building, has the highest sustainability standards and delivers much
improved public realm including the new Basinghall Walk. We're extremely proud
of this outcome and look forward to welcoming Clifford Chance back to the City
of London in the coming weeks."

Chinwe Odimba‑Chapman, Office Managing Partner for London and Co‑Regional
Managing Partner for One Europe: "This milestone brings us a step closer to
our move into 2 Aldermanbury Square. By placing our clients and our people at
the centre of our plans, we are investing in a space that supports the future
growth of the firm and demonstrates our commitment to delivering the highest
standards."

*currently being third-party reviewed

 Great Portland Estates plc                                                      +44            (0)            20             7647           3000
 Toby Courtauld, Chief Executive

 Piers Blewitt, Director of Development Management
 Miles Wilkinson, Senior Project Manager
 Stephen Burrows, Director of Investor Relations and Joint Director of Finance

 Yasemin Kiani, Communications Lead

 FGS Global
 James Murgatroyd & Gordon                                                       +44            (0)            20             7251           3801
 Simpson

For further information see www.gpe.co.uk or follow us on X at @GPE_london

LEI Number: 213800JMEDD2Q4N1MC42

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