Aviva Investors has announced a commitment of more than £100 million (€112 million/$136 million) into London’s Southbank, acquiring two adjacent sites on Bermondsey Street, SE1, which it will co-develop alongside Sellar into a new, best-in-class office campus.
Bermondsey Yards comprises two principal plots that include existing commercial buildings on Bermondsey Street and a former leather warehouse on an adjacent plot, which sits next to the popular Vinegar Yards open-air market. The development site is located directly adjacent to London Bridge Station, with the dynamic and cultural areas of London’s Southbank and Borough Market five minutes’ walk and the City of London approximately 15 minutes away.
As part of the agreement, Aviva Investors acquired the site from Sellar, which will act as co-developer, with the two businesses working in partnership on development of the project. Under the scheme, Aviva Investors and Sellar will undertake redevelopment and s