News and Views

British Land land Second May Triumph

Following on from their famous victory in the Newton Perkins Squash Tournament plate finals on May 1st, British Land have announced completion of the pre-letting to Amlin of 111,000 sq ft at “The Cheesegrater”, in the Leadenhall Building, EC3.

The insurance firm is due to take floors 18-24 and floor 45. The letting secures another 20% of the building’s total. The average headline rent achieved is reported to be £62.75 per sq ft.

The Leadenhall Building is due for completion in 2014 and following this deal is now 51% pre-let. Aon have already pre-let 190,000 sq ft of space.

This latest letting underscores the attraction of Tower headquarters and the market-leading rents insurance and financial occupiers are willing to offer to re-locate into international class buildings.

For further discussion please contact David Alcock.

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