Chelsfield’s Riverside House (pictured), SE1, will be the headquarters of the government’s new communications watchdog, Ofcom.
Ofcom will relocate staff from its temporary accommodation at Liberty House in Regent Street to the 160,000 sq ft (14,864 sq m) Riverside House in spring.
Riverside House is currently let to Financial Times publisher Pearson.
Ofcom, the Office of Communications, will officially be established after the Communications Bill becomes law this summer. It is likely to start operating in October.
It will incorporate the Independent Television Commission, the Broadcasting Standards Commission, Oftel, the Radiocommunications Agency and the Radio Authority.
Cushman & Wakefield Healey & Baker and New York-based Richard Berzine & Co acted for Pearson.
Steve Johns, head of City agency at C&WH&B, said: “We are delighted to have agreed terms on the whole building with Ofcom so quickly. We only launched the building on the fifth of December.”
EGi News 21/01/03