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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Goldman Sachs buys into £500 million ‘Paris-proof’ London Bridge office development

A mock-up of how the new EDGE London Bridge development will look

(Picture: EDGE)

Goldman Sachs is backing a new half a billion pound “Paris-proof” London development as investors bet that demand for eco-friendly offices will jump in the post-pandemic era.

The US investment bank’s asset management business has bought a 75% stake in a new “green office” development near London Bridge. The project is being spearheaded by environmentally friendly developer EDGE and is understood to cost around £500 million.

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