The Financial Conduct Authority has signed a 425,000 sq ft prelet at Lend Lease’s and London & Continental Railways’ International Quarter in Stratford.
The regulator will occupy the majority of the 515,000 sq ft third stage of the £2.1bn development.
Construction of the building, together with the 250,000 sq ft office prelet to Transport for London, will start this summer.
The buildings will be ready for occupation in 2017 and 2018 respectively.
Dan Labbad, Lend Lease’s chief executive, international operations, said: “Securing the FCA as the International Quarter’s next major commercial tenant adds to what is quickly becoming London’s newest and most progressive business district.”
David Joy, chief executive at LCR, added: “Securing the FCA as the second commercial tenant is a testament to the exceptional commercial environment we are delivering as part of the scheme and can only serve as a catalyst to attract further major employers to the area.”
BNP Paribas Real Estate and JLL are letting agents at TIQ; CBRE acted for the FCA.
jack.sidders@estatesgazette.com
