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Asset News

Restoration plans for Dolphin Square revealed


Following last year’s acquisition of Dolphin Square, the 795,990 sq ft iconic residential scheme in Pimlico, London, by AXA IM Alts, on behalf of clients, the management team has shared an update on plans for the restoration of the asset with residents and neighbours.

Built on guiding principles of protecting and enhancing the asset and its landscaped gardens for the long-term, the restoration will focus making the estate more sustainable and lowering its carbon footprint, while improving the comfort and quality of life of residents.

Plans include modernising the inner workings of the buildings with significant investment in the estate’s infrastructure, harnessing innovation and technology, combined with good estate management. Interiors and apartments will be refreshed and updated, with a design approach inspired by Dolphin Square’s heritage and a focus on quality and craftmanship. The on-site amenity offering for residents will also be considerably enhanced.

Works are scheduled to start in the Autumn of 2021, subject to planning applications, expected later this year, and will improve each building in turn over the next seven years.

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    AXA IM and BNPP AM are progressively merging

    AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure

    AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.