Built in the heart of the City, Foster’s building is on the sight of London’s historic Baltic Exchange which was severely damaged in 1992. Constructed exactly 100 years before completion of the Gherkin, surviving parts of the Victorian Exchange building were sold and have been re-constructed in Tallinn, the capital of the Baltic country Estonia.
The Baltic Exchange, which trades in the sale of merchant vessels and transportation of industrial bulk commodities, originates back to 1744 and like Lloyd’s of London, was started by ship owners and brokers meeting in a coffee house.