INDUSTRY NEWS

Amlin agree pre-let for new London offices in the ‘Cheesegrater’

An insurance group is the latest firm to agree a pre-let to relocate its offices into the new London skyscraper known as the ‘Cheesegrater’.

Amlin will set up in the new London offices in a move which will see the firm rent 111,000 square feet from the developers of The Leadenhall Building project.

Upon relocating from its current offices in the Aviva Tower in March 2015, Amlin will be the latest firm to make the move into the building on 122 Leadenhall Street which has been developed by British Land and its Canadian partner Oxford Properties.

In total around 51% of the capacity is now set to be full.

The building has been particularly popular with insurance firms due to its immediate proximity to the Lloyd’s of London building – what many see as the heart of the global insurance sector.

Amlin plc group finance & operations director, Richard Hextall, said the firm had conducted a thorough review of its future accommodation options over the past year before deciding The Leadenhall Building provided the best solution for its expanding Group and London operations.

He said: “Leadenhall will provide our staff with perfectly located offices in this elegant, high-rise building and we look forward to moving to our new headquarters in 2015.”

British Land head of offices, Tim Roberts, said the firm was delighted that Amlin had opted to use The Leadenhall Building as the base for its new offices.

He said: “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.”

Designed by Richard Rogers, the building is around 736 feet tall and will feature 48 floors, it is set to open in 2014 and developed the nickname the ‘Cheesegrater’, due to its distinctive shape and architectural design.

News bought to you from DeVono Cresa, the award-winning commercial property advisers, specialising in Central London office, retail and leisure space.

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