British Land has agreed non-binding Heads of Terms with Macquarie Group (Macquarie), the international financial services company, which has agreed to occupy 217,000 sq ft of space at British Land’s Ropemaker Place.

The letting continues British Land’s leasing success in the building and follows deals with Bank Tokyo-Mitsubishi, Mitsubishi UFJ Securities, Liberum Capital and Mint Equities. Nearly 80% of the office accommodation at Ropemaker Place is now spoken for.

Chris Grigg, Chief Executive of British Land, said: “We are delighted that Macquarie, a high quality international company, is moving to Ropemaker Place. This letting further demonstrates the quality of our development portfolio and our commitment to working with major City occupiers.”

Andrew Hunter, Senior Managing Director and Head of Macquarie in Europe said:
“Ropemaker Place is a highly attractive and sustainable building that allows us to bring all our London operations together into one location. We have found a dynamic working environment for our 1,000 strong team which can also accommodate the continued expansion of our business.”

Enquiries:

Media
Ed Simpkins, Finsbury Group - 020 7251 3801
Gordon Simpson, Finsbury Group

Pip Wood, British Land - 020 7467 2838

Investors
Sally Jones - 020 7467 2942

Notes to Editors
Ropemaker Place has impressive sustainability credentials. It was named as the Estates Gazette Green Awards Office Development of the Year, has achieved a BREEAM “Excellent “ rating and is the first building in Europe to achieve precertification for LEED “Platinum”.

The building provides a total of 595,000 sq ft of which 565,000 sq ft is offices and the remainder retail.

Floorplates range between 42,800 sq ft and 10,500 sq ft.