16/09/2025
Alongside Cheyne Capital, we are incredibly excited to have completed the acquisition of Row One, a landmark development site on London’s South Bank, with planning consent for a new 250,000 sq ft office tower with a Gross Development Value of £450 million.
The transaction reflects both parties’ strong conviction in the strength of occupier demand for sustainably developed, prime Central London office space with integrated technology, high quality amenities and excellent transport connectivity.
Situated between London Bridge and Southwark Bridge, the development offers unrestricted views across the river to the City and St. Paul’s. Features will include 18 terraces, most overlooking the River Thames, a world class amenity provision featuring a club room and wellness centre, as well as market-leading end of trip facilities, including 724 bike spaces and 54 showers, and a carefully curated new public realm.
Joe Binns, Head of Investment at Stanhope, commented: “This was a rare opportunity to acquire a significantly de-risked, best-in-class office development opportunity in one of London’s most vibrant and dynamic sub-markets. We are firm believers in the appeal of the South Bank as a complementary business district to the City of London, with recent activity across both our own portfolio, and the wider market, underscoring this confidence.”
