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AXA Real Estate’s Sixty London tops out

AXA Real Estate Investment Managers, the leading real estate portfolio and asset manager in Europe, with over €42 billion of assets under management as at September 2012, announces the topping out of Sixty London, a 215,000 sq ft, prime City of London Grade A office development which is scheduled for completion in summer 2013. The building is currently being developed by AXA Real Estate's pan-European development fund, Development Venture III, which held its final close in December 2011 having raised €588.5 million of total equity.

The Kohn Pederson Fox designed scheme, set out over nine office floors, is being constructed by Balfour Beatty and is targeting a BREEAM 'Excellent' rating. The development also includes 20,000 sq ft of retail and restaurant use which has been partly pre-let to Drake & Morgan, the London based bar and restaurant group behind award winning locations including The Anthologist and The Refinery. The venue will trade over three floors and its entrance will be in the fourth Gatehouse on Holborn Viaduct, which is being rebuilt by AXA Real Estate to its original Victorian design.




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