Land Securities Group PLC Three new lettings at 20 Eastbourne Terrace, W2 (7221G)
August 10 2016 - 2:00AM
UK Regulatory
TIDMLAND
RNS Number : 7221G
Land Securities Group PLC
10 August 2016
Land Securities Group PLC ("Land Securities")
Land Securities agrees three new lettings at 20 Eastbourne
Terrace, W2
Land Securities has secured three new lettings at 20 Eastbourne
Terrace, W2. The deals, which total 24,000 sq ft and are all on a
10 year lease, will see businesses including Citrix and LivaNova
join existing customers The Office Group and Coty in
Paddington.
The lettings include levels 15 and 16 to Citrix, an American
multinational software company and level four to LivaNova, a
medical device manufacturer. The latest lettings mean the building
is now 90% let with only two floors still available.
Kaela Fenn-Smith, Head of Commercial at Land Securities, said:
"These lettings are a great endorsement of the product we have
created at 20 Eastbourne Terrace. By putting the needs of our
customer at the heart of our building design, we continue to
attract a diverse range of businesses to our space."
20 Eastbourne Terrace, situated next to Paddington underground,
mainline and Crossrail stations, totals 92,000 sq ft of office
space designed by Fletcher Priest in collaboration with Stiff &
Trevillion architects. The building includes a substantial café,
collaboration and business lounge at ground floor level, a 2,000 sq
ft roof garden on level 17 shared by all customers, and fantastic
facilities including new cycle spaces, showers, lockers and
changing rooms.
Jacqueline de Rojas, Area Vice President, Northern Europe at
Citrix, said: "Citrix is excited to join the 20 Eastbourne Terrace
community. As we expand our footprint in London, we look forward to
opening an innovative, flagship space for our customers and
partners - to showcase our technology and allow people from across
the Citrix community to #workhardanywhere."
CBRE and JLL advised Land Securities. Cushman & Wakefield
advised Citrix. Deloitte Real Estate advised LivaNova.
-Ends-
Notes to editors:
Land Securities
Land Securities is the UK's largest listed commercial real
estate company. Our GBP14.5 billion portfolio totals 23.6 million
sq ft and includes some of London's most desirable office buildings
and the UK's most successful shopping and leisure destinations.
In London, we own and manage a portfolio totalling more than
GBP8.2 billion. Our relentless customer focus delivers vibrant
working environments, both in our developments and through
thoughtful asset management, which resonate strongly with
businesses looking to attract and retain top talent. In the City,
our 1.7 million sq ft of real estate includes the award-winning New
Ludgate scheme, and the landmark 20 Fenchurch Street. In the West
End, our expertise in placemaking and public realm has seen the
transformation of Victoria, SW1 into a vibrant destination that is
attracting global businesses and visitors alike.
In Retail, our commitment to creating an outstanding consumer
experience, combined with the strength and resilience of our 17.5
million sq ft of assets, means we provide the space where consumers
want to shop and retailers want to be, both now and in the future.
Our focus on collaborating with our retailers and anticipating
consumer needs not only delivers an unrivalled experience for our
customers, but our footfall and sales figures consistently
outperform the industry benchmarks.
Whether in offices or retail, sustainability is key to
everything we do. For us, being a sustainable business means
ensuring Land Securities remains healthy and successful for years
to come. To achieve this we need the support of our customers,
communities and partners. That's why we lead the way on
sustainability in the UK listed real estate sector by focusing on
three key areas: creating jobs and opportunities through our
award-winning Community Employment Strategy, which has put 779
disadvantaged people into employment since 2011; efficient use of
natural resources; and sustainable design and innovation.
Land Securities delivers value for our shareholders, great space
for our customers and positive change for our communities.
For further information, please contact:
Land Securities Group PLC
Press Investors
Molly Neal Edward Thacker
T: +44 (0)20 7024 5460 T: +44 (0)20 7024 5185
molly.neal@landsecurities.com Edward.thacker@landsecurities.com
This information is provided by RNS
The company news service from the London Stock Exchange
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