Strata SE1 SE1 Londoners' fifth favourite tall building, behind 30 St Mary Axe (The Gherkin), The Shard, The Leadenhall Building (The Cheesegrater) and One Canada Square (Canary Wharf). Strata SE1 Strata SE1, nicknamed "Razor" or "Electric Razor", is a , 43-storey building at Elephant and Castle in the London Borough of Southwark in London. Designed by BFLS (formerly Hamiltons), it is one of the tallest residential buildings in London and more than 1,000 residents live in its 408 flats. Strata SE1 is located on the site of Castle House, an early 1960s six-storey office building, which was the first commercial premises at
30 St Mary Axe giving the previous owners a clear £300 million profit. Since February 2010, Sky News has broadcast its flagship business programme, "Jeff Randall Live", from a studio in the building. In addition the top two floors of tower are now available on a private hire basis for events. Deloitte announced in April 2014 that the building was again being put up for sale, with an expected price of £550 million. The current owners could not afford to make loan repayments, citing differences in the value of the multi-currency loan and the British pound, high interest rates and general financing structure. In