Skyscrapers Rising Next to Vacant Towers Mark New City of London
May 19 2021, 8:12 PM
May 19 2021, 9:31 AM
May 19 2021, 8:12 PM
(Bloomberg) When the Gherkin tower opened 17 years ago, its skyline-defining silhouette heralded a new era in the low-rise City of London. Now, a spate of new planned skyscrapers threaten to erase it from view and from relevance.
(Bloomberg) When the Gherkin tower opened 17 years ago, its skyline-defining silhouette heralded a new era in the low-rise City of London. Now, a spate of new planned skyscrapers threaten to erase it from view and from relevance.
As one of the Gherkinâs main residents weighs a move, even iconic buildings risk struggling to keep or replace tenants in Londonâs premier financial district. While the pandemic is emptying City offices at the fastest pace in more than a decade, it hasnât slowed the coming wave of towers. That carries a warning for landlords: if there is a return to the office, it wonât be to d
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