CBRE, the global property advisor, has been appointed by Deka-Immobilien Europa (“Deka”), the real estate fund, to provide property management services to The St. Botolph Building, the 558, 500 sq ft landmark, in the City of London.
CBRE will be responsible for day-to-day property management of the building and will work alongside Deka to ensure a first class service is delivered to its occupiers.
The prestigious St. Botolph Building represents Deka’s largest global asset and is one of the leading new developments in the City of London offering highly specified and flexible offices. Completed in 2010, the building comprises an impressive central atrium with eight ‘open’ twin passenger lifts and high quality finishes throughout. The building is fully let and is the UK Headquarters for each of its three high profile office occupiers, Clyde & Co LLP, Lockton International Ltd and JLT Management Services Ltd.
This appointment adds to CBRE’s existing suite of Premier Properties in the City of London including the iconic Gherkin, the Lord Rogers designed 88 Wood Street and the grade 2 listed No. 1 Finsbury Circus and increases the tally to seven for properties managed on behalf of Deka.
Brigitte Steinmetz, Head of Property Management, at Deka, commented:
“Given the high profile nature of the St. Botolph building we appointed CBRE as they are already a trusted partner providing property management services to other properties within our ownership.
”Richard Williams, Managing Director, UK Property and Asset Management, at CBRE, said: “The St. Botolph building proudly sits in our portfolio and we are immensely honoured to be entrusted with Deka’s largest global asset. The world of property and asset managementCBRE Press Releasecontinues to evolve and is now recognised as a key driver of adding value to a building. With globally connected, centrally located buildings in vogue, we look forward to adding true value to St. Botolph’s with our first class service.”
