Allianz and Aviva team up for ESG-led City of London developments
28th February 2022
Allianz Real Estate and Aviva Investors have joined forces to develop a pair of City of London office buildings with strong ESG characteristics.
The two assets, the 176,000 sq ft 1 Liverpool Street (pictured above) and the 72,600 sq ft 101 Moorgate Street, have a combined development value of £500 million ($660 million). Both will meet the Carbon Risk Real Estate Monitor (CRREM) decarbonisation pathway, be compliant with EU taxonomy criteria for sustainable portfolios, and are targeted to achieve BREEAM ‘outstanding’ status.