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Nicknamed the Cheesegrater, the tower joins the ranks of new British skyscrapers with colourful names such as the Walkie-Talkie, the Gherkin and The Shard

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A raft of new skyscrapers punctuate the London skyline. Left, a new addition, the Leadenhall Building, dubbed the “Cheesegrater” for its distinctive angular shape, stands nearby the Gherkin, the conical tower.

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City workers pass the base of the Leadenhall Building. The 46-floor skyscraper is located in the City of London, also known as the Square Mile, the financial services district of the city.Simon Dawson/Bloomberg

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The entrance to the Leadenhall, which was designed by Rogers Stirk Harbour + Partners. The commercial building is held in a 50-50 venture by Canadian commercial real estate giant Oxford Properties Group Inc.’s Europe division and local firm British Land.Oli Scarff/Getty Images

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British Land owned the site. Oxford took on the risky role of offering up the capital needed to build in 2011 when London’s property market was still in a fragile state. Here, visitors look at the city skyline, including The Shard skyscraper, from the 46th floor of the Cheesegrater.Simon Dawson/Bloomberg

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A woman looks out at the London skyline from an upper floor. Canadian investors who bet on the British real estate market when the economy was shrinking are now seeing handsome returns.Oli Scarff/Getty Images

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An interior view of an upper floor. In a recent analysis of the office market, CBRE reports a third quarterly decline in vacancy rates in central London in a row. Prime space is now in short supply.Oli Scarff/Getty Images

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In November, tenants will begin moving into the Leadenhall. To read more about the role Canadian real estate firms have staked on the frontlines of London’s white-hot real estate market see link below: Stake in Cheesegrater pays off for Oxford Properties.

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