British Land lets out more space in Leadenhall Building
Real estimate investment trust British Land said that its half-owned Leadenhall Building in the City of London is to be 51 per cent pre-let.
Real estimate investment trust British Land said that its half-owned Leadenhall Building in the City of London is to be 51 per cent pre-let.
British Land's 50:50 joint venture with Oxford Properties has agreed non-binding heads of terms with FTSE 250 insurance company Amlin for a 111,000 square-foot pre-let at the building, with options to take up to further 36,500 square foot.
The building, located directly opposite Lloyd's, is still under construction and is scheduled to be finished by mid-2014. The 736ft building will be one of the tallest buildings in London.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are delighted that Amlin has chosen The Leadenhall Building for its new offices" said British Land's Head of Offices Tim Roberts.
"This will be our second major pre-letting at the building and it shows the considerable appeal of our offer - highly specified and well located buildings of strong architectural quality coupled with a commitment to occupier service."
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Watch out for fake Steven Bartlett video – you could lose thousands
Scammers are trying to tap into the Trump tariffs chaos, but knowing what to look out for could save you thousands of pounds, says Kalpana Fitzpatrick
By Kalpana Fitzpatrick
-
Can Donald Trump fire Jay Powell – and what do his threats mean for investors?
Donald Trump has been vocal in his criticism of Jerome "Jay" Powell, chairman of the Federal Reserve. What do his threats to fire him mean for markets and investors?
By Katie Williams