Euston Estate

The Lantern

Euston, NW1

The Lantern

A landmark redefined: sustainable, award-winning workspace in the vibrant hub of Euston

The Lantern is a striking example of sustainable urban regeneration. In partnership with leading architect Marks Barfield, Lazari transformed the building into an award-winning BREEAM Excellent development at a cost of £96.35 million. The project delivers 181,764 sq ft NIA of premium office space, 17 apartments, and vibrant street-level retail units and cafés.

Estate

Euston, NW1

Type

OfficeResidentialRetail

Size

183,384 sq-ft

The building’s iconic geometric, full-height glazed façade has become a prominent landmark for Tottenham Court Road. Designed with WELL principles at its core, the interiors prioritise natural daylight, clean air, and acoustic comfort. The development integrates green spaces with stepped terraces, pocket gardens, and ‘forest floor’ planting to create a harmonious connection to nature.

Sustainability was integral to the redevelopment, with 30% of the original structure and basement retained, 98% of waste diverted from landfill, and an impressive embodied carbon rating of 512 kg/m² GIA. Launched to the market in February 2023, the development is already 95.57% let by rental value. Global tenants include Fujitsu, Siemens, Microsoft (Zenimax), Tripledot Studios, Bauer Media, UCLH NHS Foundation Trust, and Bupa.

The Lantern has been recognised for its innovative design and sustainability credentials, winning the BCO Regional Award 2023 for Best Commercial Workplace.

Awards

Best Commercial Workspace 2023 at the BCO (British Council for Offices) Awards.

Sustainability & Wellbeing

Facades designed to LETI climate emergency standards (60% solid, 40% glazed).
On-site renewable energy from solar water heating and PV panels.
60% of waste heat reclaimed.
Filtration and treatment for optimal air and water quality.
Smart LED lighting and energy-saving heating and cooling systems.
Water storage through blue and green roofs.
252 cycle spaces.
Embodied carbon rating of 512 kg/m² GIA.
Building design encourages socialising, collaboration, and activity.

Standards

BREEAM ‘Excellent’ rating.
EPC A rating.
WELL Certification.

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Baker Street

As at 31st March 2025, the Baker Street Estate consists of three buildings totalling 177,560 sq ft NIA, primarily comprising upper-floor office spaces, ground-floor retail units and 1 residential townhouse.

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Bloomsbury

The Bloomsbury estate comprises two buildings totalling 207,453 sq ft, including a recently completed office development and a landmark shopping centre.

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Euston

The Euston estate comprises a landmark building and a prominent new development, totalling 556,144 sq ft NIA.

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Mayfair & St James's

This estate includes seven buildings with a total area of 506,039 sq ft. Highlights include the landmark redevelopment of the former Fenwick department store on New Bond Street. As of 31st March 2025, this estate represents 39.67% of Lazari’s total portfolio value.

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North London

The North London Estate is a diverse collection of 62 buildings, totaling 375,000 sq ft of retail, leisure, and office space, alongside 65 residential apartments. Spanning the London Boroughs of Camden, Haringey, Ealing, and Enfield, the estate plays a key role in Lazari’s portfolio, offering a mix of commercial and residential properties in well-connected locations. The 175,441sq ft of retail space is spread across 64 individual shop units, providing a varied shopping and dining experience. Office accommodation totals 42,923 sq ft, supporting a range of businesses with modern, adaptable workspaces. The 156,434 sq ft of leisure space includes a 90-bedroom Premier Inn and three health clubs, ensuring a balanced offering of convenience, wellness, and lifestyle amenities.

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Oxford Street

The Oxford Street estate spans 158,159 sq ft of prime office and retail space across six buildings, occupying an entire block at 90-114 Oxford Street, between Newman Street and Berners Street. Located opposite the Elizabeth line Tottenham Court Road station entrance, it includes 38,291 sq ft of retail across ten shop and restaurant units, 109,491 sq ft of office space, and nine modern residential units accessed from Berners Street. A block date has been arranged for 2031, with a masterplan being developed for the site’s long-term redevelopment.

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Tottenham Court Road

The Tottenham Court Road estate comprises eight buildings totalling 452,500 sq ft of commercial space, primarily office and retail accommodation, along with two health clubs.

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Wigmore Street

The Wigmore Street Estate comprises 371,953 sq ft across four properties, primarily office spaces, alongside a best-in-class medical facility and 15 residential units. The site includes CBRE’s EMEA head office at Henrietta House, a Grade II listed building at 27-37 Wigmore Street; Welbeck Partners’ medical facility at One Welbeck Street; and a Fora serviced office with retail frontage on Wigmore Street and Wimpole Street.

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We tried to keep whole-life carbon to a minimum... So, we kept as much of the existing building as possible and minimised the amount of waste going to landfill. We have a myriad of features to ensure the building uses very little energy, which means it has very low running costs as well.”

Julia Barfield, Marks Barfield

The Lantern floor space

Lazari’s flexibility makes them the perfect landlord. Our move to The Lantern has given us a modern space that supports creativity and collaboration, keeping us at the forefront of media innovation.”

Chris Duncan, CEO of Bauer Media

The Lantern

Estate

Type

Size

Baker Street

Bloomsbury

Euston

Mayfair & St James's

North London

Oxford Street

Tottenham Court Road

Wigmore Street

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