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Stock impact report

Huge skyscraper to hit London [CNN]

AVIVA (AVV) 
Company Research Source: CNN
1 Undershaft: Green light for London's latest record-breaking skyscraper Plans for 1 Undershaft, set to become the City of London's tallest skyscraper, have been formally approved, paving the way for construction of the 1,016 feet high tower. Dubbed "The Trellis," 1 Undershaft will rise to the same height as The Shard -- the tallest building in European Union -- due to its slightly elevated platform north of the River Thames. Containing 1.4 million square feet of office space across 73 floors, it will also have restaurants, retail space and an education center in collaboration with the Museum of London. And, unlike The Shard, 1 Undershaft will have a free public viewing gallery at its peak -- the UK's tallest. From the top the public will have views down on the City, including 30 St Mary Axe, otherwise known as "The Gherkin" and the 122 Leadenhall Street, aka "The Cheesegrater." 1 Undershaft will tower above 122 Leadenhall Street, at present the tallest building in the city, by a subs Show less Read more
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