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Green light for £340M London Broadgate scheme

British Land and Blackstone has been granted planning permission for a £340M office block at 5 Broadgate in the City of London

The new complex will provide a total net office floor space of about 700,000 sq ft (66,890 sq m), and will include four trading floors capable of accommodating approximately 750 traders per floor.

The scheme will allow banking giant UBS to bring together its trading operation into one building in the City.

The City of London committee report described 5 Broadgate as a “striking and eye catching addition to the new architecture of the City” and in its Design Review the Government’s design adviser, CABE, said that 5 Broadgate “is an exciting opportunity for a major new building in the City of London”.


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