Land Securities Group Plc
10 July 2007
10 July 2007
Land Securities Group PLC ('Land Securities' / 'the Group')
LAND SECURITIES' 20 FENCHURCH STREET TOWER APPROVED
Land Securities has today received planning approval from the Secretary of State
for its 155m (509ft) tower and adjoining buildings at 20 Fenchurch Street, EC3
in the City of London.
The building was the subject of a public inquiry in March 2007 after the
Secretary of State had unexpectedly decided to call in the planning application.
20 Fenchurch Street will incorporate approximately 600,000 sq ft of premier
office accommodation, retail, a cafe and a publicly accessible Sky Garden. The
Sky Garden will be the highest public park in London to offer visitors an
outside roof terrace, botanical gardens, restaurant and a 360 degree panorama of
London.
Welcoming the decision, Mike Hussey, Managing Director of the Land Securities
London Portfolio, said:
'We are delighted that the Secretary of State has approved 20 Fenchurch Street.
The design by Rafael Vinoly, one of the world's most innovative and acclaimed
architects, is exceptional. We anticipate strong interest from occupiers and we
will be preparing the site for development now that we have consent.'
For further information, please contact:
Melissa Winsor Stephanie Highett/Dido Laurimore
Land Securities Group PLC Financial Dynamics
T +44 (0)20 7024 5460 T +44 (0)20 7831 3113
Notes to Editors
Land Securities Group PLC
Land Securities is the UK's leading real estate investment trust. Our national
portfolio of commercial property, worth many billions of pounds, includes some
of Britain's best-known shopping centres, such as the Birmingham Bullring and
Gunwharf Quays in Portsmouth, as well as London landmarks such as the Piccadilly
Lights and Westminster City Hall. We are leading urban renaissance through our
billion pound development programme, transforming Exeter, Bristol and Cardiff
city centres as well as key sites in Central London. We are also one of the
leading names in property partnerships and through urban community development
are involved in long-term, large-scale regeneration projects in the south-east.
www.landsecurities.com
This information is provided by RNS
The company news service from the London Stock Exchange
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