British Land and Oxford Properties confirms three lettings across seven floors and approximately 100,000 ft² (appox. 9,300 m²) at The Leadenhall Building to Brit Insurance, Spanish banking group Banco Sabadell and investment management firm Kames Capital. The building is 84% let or under offer following these signings.
Brit Insurance, a market leading global insurer and reinsurer, will relocate to The Leadenhall Building from its current premises at 55 Bishopsgate, EC2. The company has signed a 15 year lease to occupy 66,300 ft² (approx. 6,100 m²) across Levels 16 to 18, 39 and 40.
Banco Sabadell, the fourth largest Spanish bank will occupy Levels 37 and 38 at the building comprising 18,100 ft² (1600 m²) in total. The bank has signed a 10 year lease.
Kames Capital, based in Edinburgh with over £58 bln (approx. €80 bln) in assets under management, has taken a lease over Level 26, which provides 13,300 ft² (1235 m²) of office space. The company has signed a 12 year lease.
These transactions follow recent commitments in 2015 from independent shipping brokerage firm Affinity Shipping, IT services provider IPsoft and Rogers Stirk Harbour + Partners, the building’s architects.
Source: British Land