The Walkie Talkie office tower could be set to become partly acquired by the City of London.
Planning officials at the council voted in favour to obtain a stake in order to protect the skyscraper from rights of light injunctions, Property Week reported.
Speaking to the resource, a spokesman for the City of London said the Walkie Talkie tower at 20 Fenchurch Street is important to the financial district.
"The City of London has a long-standing planning policy of promoting development in order to maintain the supply of - and to match the demand for - high-quality office space in the Square Mile," he stated.
Developments in the City could have been hindered should planning officials have voted against invoking special powers to ensure that construction of offices get the go-ahead, even if neighbours are concerned their light will be partially blocked.
Surveyors recently told the City planning committee that they wanted section 237 of the Town and Country Planning Act to be put in place so that the 275,000 sq ft
City offices development at 1 Mitre Square could go ahead, the resource reported.
If building should be granted permission, 32 properties would suffer from light loss, Gordon Ingram Associates claimed.
Posted by Sarah Dudley
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