Land Securities has agreed heads of terms for a pre-let of its entire 266,000 sq ft 1 New Street Square, EC4, development with Deloitte.
The big four adviser is expected to pay close to £60 per sq ft for the building which completes in June 2016.
Deloitte is already a major tenant in Land Securities New Street Square development and the latest letting will enable the firm to consolidate staff from elsewhere in London.
A spokesman at Deloitte said: “We do not comment on speculation about our property matters. However, as a responsible employer of more than 15,000 staff and occupier of 1.3m sq ft of office space in the UK, we are constantly reviewing our property requirements.”
CBRE and Savills are advising Land Securities; Deloitte Real Estate is advising Deloitte.
jack.sidders@estatesgazette.com
