Press releases

Central Saint Giles Crowned Best Of The Best By The BCO.

MEC's Central Saint Giles, West End, London
MEC's Central Saint Giles, West End, London

14 October 2011

MEC's Central Saint Giles, West End, London
MEC's Central Saint Giles, West End, London

Legal & General Property and Mitsubishi Estate Company's (MEC) Central Saint Giles has won the 'Best of the Best' category and the national award for 'Best Commercial Workspace' at The British Council For Offices (BCO) Awards 2011.

The awards which define 'excellence in office space' were held in the Grosvenor House Hotel and hosted by political pundit and broadcaster John Sargeant.

The vibrantly coloured Central Saint Giles, designed by Renzo Piano, is an exemplar of excellence in office-led, mixed-use development consisting of 400,000 sq ft of Grade A office space, 56 private apartments, 53 affordable homes and nine new restaurants and café bars arranged around a new courtyard piazza. It is home to NBC Universal, Google, Mindshare, Specific Media and Burson & Marsteller.

The judges said: "This truly cosmopolitan new space for London clearly shows the empathy between developers and the architects. The fact that the building is fully let is a testament to the adaptability and attractiveness of the floor space."

Simon Wilkes - Head of Development - Legal & General Property
Simon Wilkes
Head of Development
Legal & General Property

Simon Wilkes head of development at Legal & General Property said: "These awards are a fitting tribute to the entire team involved, which has achieved so much. It has been a great privilege to be work with Renzo Piano, an architect of such ability and vision. The entire design and construction team did an outstanding job to turn his vision into reality and in creating, what the judges said is one of the best places to work in London. I of course must also pay tribute to the professionalism and insight of our development partner MEC who shared our vision to deliver one of the world's great buildings.

"Central Saint Giles is not just about great architecture, it is about accessibility and vibrancy and creating a reinvigorated sense of place. We are particularly pleased that last night's awards recognised that Central Saint Giles has made such positive impact on the renaissance of the St Giles area."

Mitsubishi Estate Company's UK managing director Hiroyuki Arimura added: "Central Saint Giles was the first time we worked in a joint venture with a UK company and we are delighted with what has been achieved. Working with Legal & General has been a very enjoyable and successful partnership.

"We share Legal & General's esteem for Renzo Piano, who is a brilliant architect. We must also pay tribute to the construction team led by Stanhope which was one of the best we have worked with. We are very proud to have been involved in building great architecture, which has proven so attractive to our tenants and has now been endorsed with such a glowing accolade. We intend to build on this great success in our further commitment to providing quality development in the UK.".

Cushman & Wakefield and Jones Lang LaSalle advised Central Saint Giles. Gerald Eve advised on planning.


Notes to editors

Legal & General Property

Legal & General Property (LGP) is a wholly-owned subsidiary of Legal & General Investment Management (LGIM), one of Europe's largest institutional asset managers and a major global investor. LGIM manages approximately £362bn of assets on behalf of more than 3,300 clients (30 June 2011) and provides products and solutions spanning all asset classes. LGP is the third largest institutional property fund manager in the UK, managing or co-managing 17 separate funds or vehicles and two segregated mandates with an aggregate asset value of over £10.1bn as at 31 March 2011. These funds include:

Specialist Pooled Funds
The Leisure Fund Limited Partnership; Industrial Property Investment Fund; UK Logistics Fund; Arlington Business Parks Partnership; and the English Cities Fund

Single Asset Vehicles
Bracknell Regeneration Partnership; Central Saint Giles Partnership; Performance Retail Limited Partnership and Warrington Retail Limited Partnership

Balanced Funds
Life Fund; Linked Pensions; Linked Life; Managed Fund; Property Unit Trust; UK Property Income Fund; LPI Income Property Fund and the Hybrid Property Fund.

LGP's UK-focused fund management platform has built and retained a strong track record of out-performance across the sector. Owing to its size, diversity and penetration, it benefits from best in class banking and property industry contacts which, along with its wealth of in-house skill and expertise, have enabled it to continue to attract and secure high quality market opportunities. Taking a client-centric approach, the business places the highest priority upon integrity and transparency, leveraging upon the significant resources provided by the wider LGIM platform. Sector specialists cover each sphere of the market and are supported by LGP's market-leading research capability.

LGP's sector specialism's cross all facets of the real estate market. In particular, the Company has a major development platform, responsible for delivering the West End office market's latest landmark, Central Saint Giles, and currently involved in developing its high profile Covent Garden scheme, Agar Street, as well as significant town-centre retail regeneration projects, including Bracknell, Northampton and Eastbourne.

Legal & General Property Limited. Registered address: One Coleman Street, London EC2R 5AA. Registered in England 2091897.

For more information please contact:

Steve Leach

Steve Leach
PR Manager Investments

t: +44 (0) 2031 242096

About Legal & General

Legal & General Investment Management Limited.

Registered address:
One Coleman Street
London EC2R 5AA.
Registered in England 2091894.

t: +44(0) 20 3124 2096