O2 owner Telefónica UK is taking three floors at The Crown Estate’s AirW1 scheme.
The company is understood to have struck a deal for around 70,000 sq ft in the 204,445 sq ft building.
A rent in excess of £80 per sq ft is also rumoured to have been signed.
As revealed by Estates Gazette, along with AirW1, Telefónica had shortlisted two other buildings as preferred HQs: Land Securities’ 123 Victoria Street, SW1, and Terrace Hill’s One Howick Place, SW1.
Cluttons is advising Telefónica. CBRE and Jones Lang LaSalle are joint agents on AirW1.
All parties declined to comment.
joanna.bourke@estatesgazette.com
