n2
Landsec Leases Over 60,000 sq ft at n2

Landsec Leases Over 60,000 sq ft at n2

01/02/2023 by Buildington
 
New transaction

Landsec has completed three new deals totaling over 60,000 square feet across six floors at the n2 office development next to Victoria Station.


The building is now over 66% pre-let, with only 60,000 sq ft across five floors remaining ahead of completion in Q2 2023.


In May 2022, Landsec pre-let 40,000 sq ft of office space at n2 to Qube Research & Technologies, who have since signed for an additional floor, increasing their total space to 52,000 sq ft.


A global investment firm has taken 26,000 sq ft of space across three floors, upsizing from its existing office in Green Park. The deal has set a new benchmark for office rents in Victoria, superseding those set last year at n2. 


A financial company has taken 24,000 sq ft across two floors at n2.

This firm has also signed for 44 desks at Myo Victoria Street, Landsec’s flexible office brand, which they will occupy until n2 completes later this year.


Once completed, n2 will comprise 161,000 sq ft of curated office space across 17 floors. With access to outdoor space on each floor, as well as a communal clubroom and terrace available to all occupiers on Level 15, n2 has been designed to promote employee wellbeing, productivity and collaborative working. 


Oliver Knight, Head of Workplace at Landsec said: “Businesses continue to recognise the importance of their office as a strategic tool to attract and retain the best talent, reflect their brand and build company culture. For many, successfully navigating hybrid working means investing in the right spaces in the best locations.


Businesses are focused on securing workspaces where people want to spend time; high quality, sustainable buildings which are designed to promote wellbeing and are supported by a network of retail and leisure choices. Demand for space in Victoria continues to grow as the market evolves, making Grade A offices like n2 increasingly attractive.” 


Stuart Brown, Chief Operating Officer at QRT commented: “As our business grows, maintaining a highly collaborative culture and being able to attract the best talent remains incredibly important. Having a high quality office in the heart of London surrounded by a variety of amenities plays a crucial role in bringing our staff together to drive success. Working in partnership with Landsec to expand our space at n2 has allowed us to find a solution that meets all of our current needs, whilst providing us with enough room to adapt and grow in the future.”


Landsec are advised by Knight Frank and Cushman & Wakefield. CBRE, RX London and Crossland Otter Hunt advised the office tenants.

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