A survey of occupiers including Citigroup, Lehman Brothers, Barclays Bank, BT, Clifford Chance, Deutsche Group, Munich Reinsurance and PricewaterhouseCoopers found there is still demand for office towers. The research shows that there are currently fifty organisations in London which occupy over 400,000 sf in multiple buildings. And 16 of these want to move into a single large building in the next three to four years. The BCO says that given the shortage of large sites in Central London it is inevitable, if this business need is to be satisfied, that some of these buildings will be tall.
And separate economic research showed that big buildings enable businesses to create strong corporate identities and cultures. People also like being in tall buildings, they enjoy the views the report asserts.
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