More lettings at the Cheesegrater as new TSB owner Banco Sabadell takes two floors

Emma Haslett
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The building smashed office let records last year (Source: Getty)

British Land and Oxford Properties, the developers behind the Cheesegrater (aka Leadenhall Building), confirmed three new lettings across seven floors of the building - including new TSB owner Banco Sabadell.

Among the new signings are insurance giant Brit, which has signed a 15 year lease to occupy 66,300 sq ft across five storeys - 16 to 18, and 39 to 40, and Kames Capital, which has taken a 12-year lease for 13,300 sq ft on level 26.

Meanwhile, Banco Sabadell, which in March bought TSB from Lloyds for £1.7bn, signed a 10-year lease on levels 37 and 38, giving it 18,100 sq ft.

The building, which smashed office rent records back in October when US-based insurance firm FM global took 7,700 sq ft on the 41st floor for £85 per sq ft, is now 84 per cent let or under offer, its developers said.

However, in January the building was cordoned off to pedestrians after a bolt fell to the ground - the third to have snapped in two months.

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