LONDON (Reuters) - U.S. insurer West Rail Berkeley is planning 40-storey skyscraper, the main industry of the importance of London's financial district, stressed that the region once dominated by banks.
Has been transferred to the Canary Wharf area in recent years, a large trading floor and cheap rent attracted many investment banks, the only bright spot of the lease market, insurance companies have been dying around the Bank of England in London's traditional financial district otherwise.
West Rail, Berkeley, has purchased the land, has appointed the design of the buildings of architect Cohen Pedersen Fox (KPF).
"We discuss the project the KPF Company and the City of London, the West Rail, Berkeley, Andrew Reynolds, vice president of the British real estate development, told the Reuters reporter.
Last year, the end of the insurance brokerage company Aon called Cheesegrater skyscraper signed a lease for 191,000 square feet, while fellow insurance company Markel "walkie-talkie" tower, the first tenants in the two under construction.
Lloyd's London building, the contact point near the building for EC3 Series zip code clusters in the city's insurance company, British Land and Land Securities are located.
This year's report by property consultants CB Richard Ellis, said a total of one million square feet of space, of the 13 insurance companies in London. They include Jardine Matheson, which reportedly will be moved to new offices in the St. Botolph building in EC3 series.
"The insurance industry is to some extent, counter-cyclical, and explain what happened, said:" pad Oakley, property agent Savills Commercial Research Director. "This is a sector to consolidate and expand, so the need for new space."
Many insurance companies are being taken to the new tower space, and also reflects the Office EC3 series of poor quality, Oakley said.
The overall office rental in central London market has been muted, as the company's action in abeyance, because of the uncertainty surrounding the euro zone crisis.
Debris, the EU's highest skyscraper, last week in London, although not yet announced its first office tenants.



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