Three new office lettings have been confirmed at Angel Court occupying more than 90,000 sq ft. They include Bupa, the international health and care company, a new financial services trade association and Chinese commercial bank, Shanghai Pudong Development Bank.
Bupa has signed for 56,000 sq ft over a 15 year term on Angel Court’s lower floors. They will move their headquarters from its existing premises in Holborn by the end of the year.
The financial services trade association, which comprises of six member organisations from across the UK is yet to be named and has taken 25,000 sq ft on the fifth floor. The new trade body will bring together the Asset Based Finance Association (ABFA), British Bankers’ Association (BBA), Council of Mortgage Lenders (CML), Financial Fraud Action UK (FFA UK), Payments UK and the UK Cards Association (UKCA) who will benefit from the building’s unique location in the heart of London’s financial district and next to the Bank of England. They are expected to occupy the new space in July.
The third new occupier will be Shanghai Pudong Development Bank who have signed for 9,000 sq ft on a 10 year term. They will be based on the 19th floor, one of the 18 upper ‘sky floors’ which boasts 360 degree views of the London skyline.
Commenting on the deals, Eiichiro Onozawa, Managing Director of Mitsui Fudosan (UK) Ltd, said: “These significant first lettings at Angel Court are a clear testament to the attractive, high quality accommodation we have delivered in the heart of one of the world’s most competitive and high-profile business centres. This building demonstrates our commitment over the long term to invest in and develop prime schemes across London, which cater to the evolving occupier market and set the bar for all developments which follow.”
David Camp, Chief Executive of Stanhope plc, added: “Our partnership with Mitsui Fudosan UK continues to flourish, and has delivered another best-in-class scheme that will meet the needs of all our significant new occupiers and their employees. We look forward to welcoming them to this landmark new office space later this year, in addition to welcoming our neighbours and the wider public to enjoy the scheme’s superb dining and leisure offer.”