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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Mormon chapel to move into City as church-owned property fund looks to fill empty office space

The City is to get its first Mormon chapel as an investment group owned by the Church of Jesus Christ of Latter Day Saints seeks to fill empty space in a property it bought in 2019.

Covent Garden IP, an investment group owned by the Mormon church, revealed in its annual report that it will turn part of its Alder Castle property near London Wall into a chapel after Lloyds Bank agreed to terminate its lease, leaving part of the building empty. It said the new chapel will open in February or March of 2024, having received change-of-use permission.

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