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NatWest Properties

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New start planned for EC2

Architect Seifert dies

Richard Seifert, the architect who designed Centre Point and the NatWest Tower, now known as Tower 42, has died aged 90. Centre Point, constructed on a small plot, is still believed to be the world's tallest prefabricated building. A controversial development in design terms Centre Point also came to be regarded as the worse example of development greed as the building remained empty for years while rental values increased. The NatWest building in its plan shape is remarkably similar to the National Westminster logo, although any deliberate intention in 'mirroring' the design was always denied. After the second world war Siefert became one of the UK's most prolific architects and the two buildings formed just a small part of his extensive portfolio. - (27-10-2001)

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Heron Tower wins planning consent

110 Bishopsgate, the planned 43-storey Heron Tower, in London EC3 has been approved by the Corporation of London planning committee. The scheme, designed by Kohn Pedersen Fox, will now go to the Court of Common Council on 1st February 2001. The tower was approved despite objections by English Heritage, which said the building would affect the views of St Paul's from Waterloo Bridge. The Heron Tower will be the tallest building in the City of London but will appear lower than Tower 42 (the former NatWest Tower) as it is to be built on lower-lying land. - (18-01-2001)

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Greycoat to raise funds for offices

Greycoat Estates is said to be about to sell its stake in Tower 42, the former NatWest Tower, in order to invest in central London office schemes. Greycoat's 32 per cent holding in Tower 42 could raise around £36m. Greycoat is expected to shortly start on the demolition of Moor House, 119 London Wall, London EC2, which is to be redeveloped as a 19-storey speculative schme of 44,658 sq m (480,710 sq ft). The construction contracts for Moor House are currently out to tender. - (05-11-2000)

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