Barings and its joint venture partner and development manager LBS Properties have let the 13,650 sq ft eighth floor of the TIDE Bankside development to a European intellectual property firm on a 10-year lease.
The JV partners have secured more than 106,000 sq ft of lettings at TIDE Bankside in less than a year and with further space currently under offer in the 145,000 sq ft office building, only two floors remain available to let.
Ian Mayhew, head of real estate equity asset management, Europe at Barings, said: “The fact we have let over 106,000 sq ft in a short space of time reinforces the appeal of design-led, sustainable office space in central London. We look forward to making further announcements as we add to the diverse mix of occupiers we’re proud to host at TIDE.”
Nick Crawford, CEO of LBS Properties, added: “Together with Barings, we’ve created a workplace that champions wellbeing, sustainability and community and we’re delighted to see this being recognised in the market.”
