INDUSTRY NEWS

Firms rumoured to be in talks for Shard London office space

US management consultancy firm AT Kearney, and an unnamed Middle Eastern bank, are rumoured to be in talks for London office space at the iconic Shard building, according to an article published by the London Evening Standard.

Due to open in just over a month (July) and measuring 570,000 sq ft,  the Shard has managed to secure just one pre-let agreement so far, from the Shangri-La Hotel. The luxury hotel and resort company will take up floors 34 to 52.

AT Kearney has shown a concrete interest, with bosses having visited the building three times. The firm is in talks for around 22,000 sq ft of office space; meanwhile the Middle Eastern bank, according to the Estates Gazette, are rumoured to be interested in 30,000 sq ft.

An estate agent commented on this most recent interest, highlighting the positives any potential agreement would have on the overall market. The agent stated: “This is great news for London – any letting is important at the moment, but this will help the market.”

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