Quadrant completes series of office lettings at City of London scheme Cannon Green
Cannon Green
Background
Cannon Green compromises of 106,920 sq ft of office, retail and gym accommodation developed in the 1980s and refurbished in 2017. It was acquired by Kiwoom Securities in 2018 and Quadrant was appointed as asset manager in 2023 with a remit to devise and implement a business plan designed to create long term sustainable income and secure an upcoming refinancing event.
Asset Management Initiatives
Active Asset Management of a City office building focused on repositioning, leasing, operational improvement and income enhancement.
Appointed TSP as Property Managers to provide a superior “concierge” style service.
Multiple floors have been refurbished upon lease expiry and re-let at higher levels, in some instances prior to works being completed.
Secured BREEAM-IN-USE – Excellent, accreditation.
What We Are Doing
- Refinanced the asset with a Tier 1 Lender.
- Managing complex M&E and reception refurbishments
- Responding to lease events delivering refurbished Cat A+ accommodation
- Enhancing the NOI
- To learn more about the sustainability of this project, read our Sustainability case study.
- City of London, EC4
- Location
- 106,920
- sq ft
- KIWOOM & Hana Financial Group
- Capital partners
- Current
- Status
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Quadrant completes series of office lettings at City of London scheme Cannon Green
Meet
the team
Meet the team who work on the Cannon Green project
Johnny Armour
Office
Over 10 years’ experience across leasing, investment and asset management. Began his career at City-based office agency HK London, advising clients including Blackstone, Helical, UBS and Royal London, and qualifying as a Chartered Surveyor .Joined FTSE 250 REIT CLS Holdings PLC in 2020, asset managing 12 mixed-use assets (c.400,000 sq ft) across London and regional cities, delivering major lettings and repositioning projects. Took his IMC in 2021. Most recently worked client side for a private family office, managing a 40-asset mixed-use estate in Shoreditch (c.370,000 sq ft).
Johnny Armour's Projects
Sam Butler
Investment
Sam has experience across the office, industrial and logistics sectors in both the UK and Australia. He joined Quadrant in April 2026. Sam started his real estate career at JLL in Melbourne before moving to Frasers Property Australia, where he spent over three years working within the Investments team on acquisitions, underwriting and asset management initiatives across a range of commercial real estate sectors. He subsequently relocated to London and joined Chancerygate, one of the UK’s leading industrial and logistics developers, focusing on development appraisal, acquisitions and portfolio strategy. At Quadrant, Sam works across the firm’s investment and asset management activities, supporting acquisitions, disposals, strategic asset initiatives and capital markets transactions. He holds a Master of Property and a Bachelor of Environments (Property) from the University of Melbourne
Sam Butler's Projects