Global energy company Petredec and Fidelis Insurance are the latest firms to take space in British Land’s and Oxford Properties’ Leadenhall Building, EC3, nicknamed the Cheesegrater.
Petredec, which buys, sells and distributes liquefied petroleum gas, has moved its European headquarters into the building. The company has signed a ten-year lease for 9,970 sq ft on Level 35.
Fidelis, a global insurance and reinsurance risk carrier, has signed a ten-year lease for 10,345 sq ft on Level 34.
Just five floors are still available at the building. Aon and Amlin, which signed prelets for 191,000 sq ft and 111,000 sq ft respectively, have this summer completed their phased moves into the office block, joining six other companies already in occupation.
Rents at the Cheesegrater range from £55 per sq ft on the lower floors, which Aon took on a prelet in 2011, to £90 per sq ft for level 44, which was taken by Affinity earlier this year.
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.”
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.”
DTZ and JLL advised British Land and Oxford Properties; Ashwell Rogers acted on behalf of Petredec and Savills advised Fidelis Insurance.
