British Land and Oxford Properties have announced that the Leadenhall Building is nearly 90 per cent let or under offer following the latest lease agreement with DRW Trading Group (DRW).
Chicago based DRW, which has offices in New York, San Francisco, Montreal and Singapore, is the seventh new occupier to agree terms at the ‘Cheesegrater’ this year.
The deal follows commitments from Brit Insurance, Spanish banking group Banco Sabadell, Kames Capital, shipping broker Affinity, IT provider Ipsoft and the building’s architects Rogers Stirk Harbour + Partners.
They join a strong line-up of existing tenants such as global serviced office provider Servcorp and specialist insurance company Rothesay Life.
Commenting on the latest letting, Tim Roberts, Head of Offices at British Land, said: “Since completion, we have seen strong demand for the upper floors of the Leadenhall Building, translating into some standout deals with high calibre occupiers.
“We look forward to welcoming DRW and our other confirmed occupiers to the building over the coming months.”
Mike Rayner, Head of Development at Oxford Properties, added: “The Leadenhall Building is not only one of London’s landmarks, it provides state of the art, highly resilient office accommodation which is essential for a property trading business like DRW.
“We are very pleased they have decided to relocate their European headquarters to the building.”
DTZ and JLL advised British Land and Oxford Properties. Cushman & Wakefield acted on behalf of DRW.
Previous Post
Double Dutch as Henley acquires Second Rotterdam Asset
