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Land Securities confirms Deutsche Bank prelet

Zig-Zag-Building-THUMB.jpegLand Securities has confirmed the prelet of 92,000 sq ft at the Zig Zag Building, Victoria, SW1 to Deutsche Bank on a 15-year lease.

The move will see Deutsche Bank relocate its asset management and private wealth management units from their current City locations to Victoria.

The move takes the Zig Zag Building from 37% to 77% pre-let. Deutsche Bank is taking six floors in the building.

Kaela Fenn-Smith, head of commercial at Land Securities, said: “Our significant and carefully curated development programme has created a sought-after destination for businesses looking for not just the very best office space tailored to their specific needs, but also vibrant surroundings with quality hotels, restaurants and shops.

Knight Frank and Cushman & Wakefield advised Land Securities; JLL advised Deutsche Bank.

Alex.peace@estatesgazette.com

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