Rockspring lease a further 16,500 sqm at The Harlequin Building

by   CIJ Europe IIIII
2013-10-14   14:54
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Rockspring Property Investment Managers, in conjunction with development partners Moorevale Capital, announces the letting of 16,500 sqm of office space at the newly completed Harlequin Building, 65 Southwark Street, London SE1.
World Trade and Travel Centre Ltd has leased the ground floor office space totalling 3,285 sqm for 10 years without a break, expiring July 2023 for £40 per sqm.

The fifth and sixth floor offices totalling 13,228 sqm have been let to Metropress Ltd t/a ATG Media Ltd for 15 years with breaks in 2021 and 2023, achieving a rent in excess of £45 per sqm.

This letting activity follows the leasing of the fourth floor to Maris Plc and the ground floor retail space to Itsu earlier this year.
With a further 14,591 sqm of office space under offer, including the second and third floors, the letting process is well advanced with the final available space comprising 7,150 sqm of office accommodation on the first floor.
The Harlequin Building is 50,0000 sqm in total and is located on the Southbank, between Waterloo and London Bridge.

Rockspring acquired 65 Southwark Street in February 2010 on behalf of the Rockspring UK Value Fund and commenced construction in March 2011.

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