British Land and Oxford Properties have announced that specialist pensions insurer Rothesay Life has signed an agreement to take level 25 of The Leadenhall Building.
Level 25 of the City of London tower, also known as The Cheesegrater, provides over 13,500 sq ft of space which has been taken on a 10 year lease with a break option after five years.
Chief Operating Officer at Rothesay Life, Jonathan Sarkar, said the company looked at a number of options before deciding on The Leadenhall Building
He praised the property’s combination of space, services and flexibility and described it as “perfectly placed to meet our needs now and as we grow.”
Tim Roberts, Head of Offices at British Land, said; “Rothesay’s decision to come to The Leadenhall Building is a further endorsement of the building’s distinctive qualities.
“It is the fourth letting we have completed during the construction phase, all to companies that are leaders in their fields.”
Head of Development at Oxford Properties, Mike Rayner, said; “Our objective at the Leadenhall Building has always been to create something exceptional, and to have attracted a business of Rothesay’s standing is evidence of the building’s appeal to the occupier market and the relevance of its unique design, flexibility and customer service offer.”
The 46 storey Leadenhall Building, the tallest in the City, is now 53% let following earlier commitments from insurers Aon and Amlin and serviced office business Servcorp.
In total the building provides 610,000 sq ft of Grade A office space, with floors ranging from 6,900 sq ft to 17,300 sq ft.
