Gamuda Bhd and Castleforge have commenced a £1.2 billion redevelopment project for 75 London Wall in London, transforming it into a top-tier sustainable office space by September 2027.

Information on the Target

75 London Wall is a major redevelopment project located in the City of London, carried out by Malaysia-based Gamuda Bhd and its joint venture partner Castleforge. Formerly known as Winchester House, the building served as the UK headquarters for Deutsche Bank before being acquired in February 2023. This project represents a significant investment of £1.2 billion (RM6.59 billion) aimed at transforming the structure into a modern, sustainable office space.

The redevelopment is expected to retain approximately 89% of the existing building's structure, including the lower-level facades, while enhancing its overall capacity by 40%. Upon its completion in September 2027, the 14-storey building will encompass a gross development area of 688,000 square feet and provide a net lettable office space of 465,822 square feet.

Industry Overview in the UK

The United Kingdom’s commercial real estate market is currently experiencing a 'Flight to Quality' among multinational corporations, especially in major cities like London. As the epicenter of Britain's economy, Lond