INDUSTRY NEWS

Shard yet to have a single tenant move into its London office space

The Shard has yet to have a single tenant move into its prime London office space it has emerged.

A total of 25 floors in Europe’s tallest skyscraper still remain empty, more than a year after it launched.

Despite the lack of interest from firms looking for prime London office space, there has at least been interest from some members of the public – The View from The Shard has been a popular tourist destination since it opened in February, with eager punters even getting to witness a marriage proposal at the launch event.

The man behind the colossal London structure, property developer, Irvine Sellar, remained confident businesses would soon look to snap up the office space however.

Speaking to The Times, he said: “We have signed up a few tenants and are in discussion with a number of others and we will make a decision when we are ready.

“We are taking our time, as we don’t just want to fill the Shard up with accountants or lawyers.”

It is estimated around ten per cent of the Shard’s office space has been let so far, but many firms do not expect to move into the offices until as late as next year.

The uptake is markedly slow when compared to other buildings such as the Cheesegrater and Walkie-Talkie, which are rumoured to be as much as 50% let before construction work on the sites has even been completed.

However, Mr Sellar said the business plan in place at the Shard allowed for first leases to be signed as late as next year so there was no rush to get the office space filled before the deadline.

He also said more than half a million  tickets had been sold to the buildings viewing platforms so far.

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