British Land leases Storey space at 155 Bishopsgate to Levin

Property developer British Land said on Monday that it will let the entirety of its Storey space at the recently refurbished 155 Bishopsgate to tech recruitment giant Levin to use as its new base of operations in London.

Levin has signed an agreement to lease 23,000 square feet of space at the site, marking the group's third upsize at Broadgate after initially taking Storey space at 1 Finsbury Avenue in 2020 and later taking additional space in the neighbouring unit and at 100 Liverpool Street.

British Land highlighted that the new lease sees Levin consolidate its office space within a single location and also join Maven Securities, Marex and Sumitomo Mitsui in the same building.

Darren Richards, British Land's head of real estate, said: "Levin's trajectory at Broadgate underlines the key strength of our campus proposition, providing businesses with the flexibility to expand as their requirements change, while remaining on the campus and benefitting from the excellent amenities, proximity to key transport links and other innovative businesses.

"This deal builds on the excellent leasing momentum across our campuses in the first half of the year, including strong demand for Storey space where occupancy is at an all-time high of 96%."

As of 0840 GMT, British Land shares were up 0.075% at 401.80p.

Reporting by Iain Gilbert at Sharecast.com