Petredec chooses Leadenhall Building for European HQ

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A COMPANY that buys, sells and distributes Liquid Petroleum Gas, has chosen the Leadenhall Building in the City of London as the base for its new European headquarters.

Petredec has signed a 10 year lease on the 35th floor of the 225 metre tall skyscraper that’s informally known as the Cheesegrater.

Developers British Land and Oxford Properties have also announced that the 34th floor has been let to Fidelis, a global insurance and reinsurance risk carrier.

These recent lettings at the office building, designed by architects Rogers Stirk Harbour + Partners, mean that just five floors of from the 48-storey building remain unoccupied.

Tim Roberts, Head of Offices at British Land, said: “Our strategy to lease the upper floors post-completion has been proved to be the right one, with nearly 200,000 sq ft let since last Summer, and the building achieving record rents for The City of London. These lettings underline The Leadenhall Building’s position as a London landmark in the heart of one of the world’s pre-eminent financial centres.”

Chris Carter Keall, Head of Asset Management at Oxford Properties, said: “The range of floorplates at The Leadenhall Building has given us a clear leasing advantage, and been a major factor in attracting occupiers from a variety of industry sectors, alongside financial services. We have completed 11 lettings since Practical Completion in 2014, which serves to highlight that the decision to commence construction in 2011, has allowed us to deliver an exceptional building into a buoyant occupational market.”

Elsewhere on, search for office space in the City of London.

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