is located in the centre of the City opposite the Lloyd's building. It is one of the tallest buildings in the City, with 45,615 sq m of space on 29 floors, together with a 10-storey building on 25 Fenchurch Avenue. St Martins then purchased the 27-storey luxury residential tower Lietocourt Arx Tower in Minato, Chuo-Ku, adjacent to Nihonbashi and Ginza, Tokyo's business and retail district. This 281-apartment building in Japan was acquired in February 2009. Restructuring St Martins went through a restructuring of its portfolio in 2010 and 2011 when smaller assets were sold off in the UK and in Continental Europe, plus retail shopping centres in the UK. Savills ran the portfolio sales under the code name 'Project Blue'. Re-investments Subsequently, money has been re-invested in core property acquisitions and the company remains in an acquisitive mode. The most recent purchases are 60 Threadneedle Street and 1 Bunhill Row in the City of London in 2012, and 5 Canada Square in Canary Wharf, Docklands in January 2013. In January 2014, the More London Estate, a 13-acre complex of 11 buildings, adjacent to London Bridge City, was acquired in one of the UK's largest-ever transactions. The land for this was in their ownership once before, and added 2.1m sq ft to St Martins property Corporation's portfolio. In December 2011, 60 Threadneedle Street was acquired from Hammerson. The building completed in 2009 1 Bunhill Row was bought in February 2012. In 2013, St Martins Property Group bought the 13 acre More London (London Bridge City) estate for around £1.7bn. The site contains over of office, retail, leisure and residential accommodation. Current operations Globally, St Martins owns close to of commercial property across Europe, in Turkey, Australia and in Japan.In Australia, St Martins own 50% of the Rialto Tower in Melbourne, a 250-metre-high building comprising two towers of 56 and 43 floors, providing 83,500 sq m of office space. St Martins has also historically had various holdings in Perth. The property at 5 Canada Square is let to Credit Suisse, which sublets 10 floors to the Bank of America. The company owns a significant amount of property in the City of London. The last successfully completed development was the landmark office building at 150 Cheapside, adjacent to St Paul's Cathedral, and is fully let. Former operations The company is currently undergoing a restructuring, selling and having sold smaller, older non-core properties and