The Royal Bank of Scotland and Omnicom have entered into an Agreement for Lease for Bankside 2 and Bankside 3, Southwark Street, SE1, London totalling 370,000 ft² (approx. 34.374 m²), until September 2027.
This is the largest office letting in Southwark this year and the second largest in the Central London market.
Omnicom is a leading global advertising and marketing communications services company listed on the New York Stock Exchange.
Neil Austin, Head of Asset Management, at The Royal Bank of Scotland, said: “Following a strategic review of our occupational property portfolio in Central London the decision in January 2014 to dispose of Bankside 2 and Bankside 3 has proven to be the right choice by securing a tenant of Omnicom’s calibre and size.”
The Royal Bank of Scotland was advised by DTZ and Cushman & Wakefield. Omnicom was advised by Feld Real Estate.