Oxford Properties Group, the global real estate investor, developer and manager owned by OMERS, on behalf of a joint venture with Hines, one of the world’s largest privately owned real estate investors, has secured approval from the City of London for the firm’s planned redevelopment of King Edward Court in Paternoster Square.
The City of London has approved the proposals under delegated powers, allowing the building to be comprehensively refurbished and extended to create a state-of-the-art, sustainably developed and smart technology-enabled workplace and global headquarters for LSEG. LSEG signed a long-term lease for the entire property at the end of 2025, which will maintain the group’s more than 300-year presence in the City of London.
The decision follows an extensive pre-application process with City of London Planning and Design Officers as-well-as broader stakeholder consultation. Oxford’s development management team worked alongside Carter Gregson Grey
