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is insolation energy limited (543620) a good buy now ✌️【Investment Risk】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. The proposed 309.6-meter (1,015.75-foot) tower, which will be exactly the same height as London’s Shard, was given the go-ahead after a previously approved plan was revised “to better respond to post-pandemic office needs,” the City of London local authority said on Friday.

Officially called 1 Undershaft, the tower was initially granted approval at a slightly smaller height in 2016 but never started.

is insolation energy limited (543620) a good buy now ✌️【Investment Risk】✌️ AI-powered stock trend analysis with free, up-to-the-minute updates. Analyze global stock, futures, and forex data to capture market movements and make smart investment choices with expert insights. The proposed building, which investor Aroland has been trying to get off the ground for years, will require the demolition of an existing smaller tower and has attracted criticism from conservation groups.

Historic England said in a consultation response to City planners in February that the alterations had not altered its impact and said it would “seriously degrade” the public realm around it.

is insolation energy limited (543620) a good buy now ✌️【Investment Risk】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. The tower, if built, would provide 154,156 square meters (around 1.66 million square feet) of office space, areas for children’s education on the 72nd and 73rd floors and a publicly accessible garden.

London’s office market has been hit hard by higher borrowing costs and more home working post-pandemic, although premium space has remained in demand.

Very few major London office properties have been sold this year. Investors Nuveen and Brookfield are currently trying to sell London office towers, in a major test for investor appetite.

is insolation energy limited (543620) a good buy now ✌️【Investment Risk】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. The supply of new space to let in London has slowed since the pandemic. However, office construction in the City has recently bucked the trend, with new starts up 7% between April and September this year, compared to falls in every other central London market surveyed by Deloitte.

Critics say London’s skyline has become increasingly cluttered by generic glass-and-metal towers that dwarf historic landmarks, especially in the City of London, home to St. Paul’s Cathedral.

“As another, much needed office development gets approved in the City of London, it speaks to the confidence that global investors have in the London real estate market and the UK economy more widely,” said Shravan Joshi, chairman of the City of London Corporation’s Planning and Transportation Committee.

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