CGI of Row OneStanhope, the development and asset manager, and Cheyne Capital, an alternative investment fund manager, have taken over Row One, with planning consent for a new 250,000 sq ft office tower with a gross development value of £450m. The 1.24 acre site will comprise two basement levels and 11 floors above ground, delivering 235,000 sq ft of flexible office space and 15,000 sq ft of retail. Joe Binns, head of investment at Stanhope, said: “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. Their proven track record and delivery expertise make this a highly compelling development opportunity, already benefitting from planning consent and significant site preparation under Landsec’s stewardship. The scheme will offer generous outdoor space and excellent connectivity, meeting the strong demand for premium offices in today’s market.”Got a story?