Newton Perkins reports on City lettings
In a busy week for the City of London office market, four
significant transactions at two major buildings are reported.
Firstly, LondonMetric has agreed terms on c. 60% of
space at its 125,000 sq ft 1 Carter Lane, EC4 development. The two companies
under offer (for c. 35,000 sq ft each) are Skandinaviska Enskilda Banken (SEB),
relocating from 2/6 Cannon Street, and MFS International. The headline rents are believed to be around
£60 per sq ft.
Two lettings have been completed at City Point, EC2 (already
home to majority occupier Simmons and Simmons) by Beacon Capital Partners. Law firms Wilkie Farr & Gallagher and Winston & Strawn have
taken a total of 31,700 sq ft between them on the 27th, 29th
and 30th floors. They have both signed 10-year leases with 5-year
break clauses. This leaves 26,000 sq ft of space vacant though terms are
believed to have been agreed with Ebiquity relocating from Royal Mint Court.
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