Grosvenor’s and JER Partners’ Belgrave House, SW1, has emerged as the most likely building for a 120,000 sq ft letting to American Express.
AmEx had been expected to move to Land Securities’ Cardinal Place scheme in SW1, which was launched on Thursday night. The credit card company now occupies 70,000 sq ft in a LandSec-owned building at Portland House, SW1.
AmEx’s agent Savills said that the credit card company is still reviewing its shortlist.
But a source said: “The decision to favour Belgrave is only hours old, although Mike Hussey [LandSec’s managing director of the London portfolio] is unlikely to accept no for an answer.”
Other schemes considered include Canary Wharf and Hammerson’s Moorhouse, EC3.
DTZ and Knight Frank are letting agents for Belgrave House.
References: EGi News 11/11/05
