The Leadenhall Building
16/09/2015 by Buildington

British Land and Oxford Properties have announced two new lettings at The Leadenhall Building to global energy company Petredec and Fidelis Insurance.

Petredec, seller and distributor of Liquefied Petroleum Gas, has chosen The Leadenhall Building for its European headquarters. The company has signed a 10-year lease to occupy 9,970 sq ft on Level 35.

Fidelis, a global insurance and reinsurance risk carrier, will occupy Level 34, taking 10,345 sq ft. The company has also signed a 10-year lease.

There are now only 5 floors still available at The Leadenhall Building. Aon and Amlin have completed their phased moves into the building over the summer, joining 6 other companies already in occupation.

Tim Roberts, Head of Offices at British Land, said: "Our strategy to lease the upper floors post-completion has been proved to be the right one, with nearly 200,000 sq ft let since last Summer, and the building achieving record rents for The City of London. These lettings underline The Leadenhall Building’s position as a London landmark in the heart of one of the world’s pre-eminent financial centres."

Chris Carter Keall, Head of Asset Management at Oxford Properties, said: "The range of floorplates at The Leadenhall Building has given us a clear leasing advantage, and been a major factor in attracting occupiers from a variety of industry sectors, alongside financial services. We have completed 11 lettings since Practical Completion in 2014, which serves to highlight that the decision to commence construction in 2011, has allowed us to deliver an exceptional building into a buoyant occupational market."

DTZ and JLL advised British Land and Oxford Properties. Ashwell Rogers advised Petredec and Savills advised Fidelis Insurance.

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