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Offices in London Victoria add two new tenants

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Offices developed by Land Securities at 123 Victoria Street in West London have attracted two new tenants and are now almost two-thirds accounted for, it has been revealed.

The two new letting deals at the Victoria address involve the legal process outsourcing outfit CPA Global and the American IT software company Intuit.

CPA’s commitment relates to 12,600 sq ft of new West London offices, while Intuit’s runs across the first and second floors of the Victoria Street site and the offices will soon become its new UK headquarters.

Land Securities, a property investor and developer with one of the largest portfolios in London, announced that its offices at Victoria Street are now 63 percent let following the agreement of the new deals with CPA and Intuit.

Already committed to the site are the fashion business Jimmy Choo and the British development finance institution CDC.

“We are delighted to welcome CPA Global and Intuit to 123 Victoria Street,” said Adrian Crooks, Land Securities’ leasing director. “We continue to see strong interest from a diverse mix of businesses who are attracted to our offering in Victoria.”

The West End of London was recently rated as being the most expensive place in the world in which to rent office space, surpassing Hong Kong in that regard according to DTZ’s latest figures on the subject.

Land Securities also recently announced that the Klesch Group, an industrial commodity firm, and the oil business KPI had committed to occupying offices at another of its London office developments, this time at Cardinal Place in Victoria. In doing so the two businesses join EDF Energy, Microsoft and Experian.

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