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Aon Confirms New Office in London’s Cheesegrater

Aon Confirms New Office in London’s Cheesegrater

Global risk management company Aon has confirmed its intention to make 122 Leadenhall Street – aka the ‘Cheesegrater’ building – their new London headquarters by signing a pre-let for the space.

Aon will take 191,000 sq ft of office space across floors 4-13, equating to one third of the 610,000 sq ft skyscraper, upon completion of the 47-storey building in 2014. Initially set for completion in the third quarter of 2014, construction company Laing O’Rourke has now reportedly cut its building schedule by a few months to bring the completion date forwards to the second quarter.

The Richard Rogers designed 736 ft office tower, which is being developed as part of a joint partnership between British Land and Oxford Properties, will be located on Leadenhall Street opposite Lloyd’s of London in the City, just around the corner from the Gherkin. Its tapered glass fa├ºade has earned it the nickname of the ‘Cheesegrater’, which belies its striking appearance and elegant design.

A 30m-high atrium, public plaza and steel bracings take their place alongside other impressive features within the multi-million pound development, such as external glass lifts and a light, airy environment throughout – creating a “rare oasis within the dense urban character of the City of London”.

Commenting on Aon’s confirmed relocation, Chris Grigg, Chief Executive at British Land said:

“This significant letting to a leading global business is good news for the City and demonstrates the success of our commitment to creating well located world class buildings that provide long term value to occupiers. I am very pleased to welcome Aon to The Leadenhall Building and continuing our well established relationship with them.”

Executive Vice President, Senior Managing Director Europe of Oxford Properties, Paul Brundage, said that the deal is a “great endorsement” of their investment in the development and their partnership with British Land. “Oxford has an excellent global relationship with Aon and we are pleased to be able to expand on this in London,” he added.

Robert Brown, CEO of Aon Limited, said that they are “delighted” with the property, and that it will place them “at the heart of the City’s insurance sector”.

He added: “The building’s impressive location and offices reflect our standing as the leading global professional services firm focused on risk and human capital management. The decision to move to The Leadenhall Building confirms our commitment here and offers us an ideal platform to continue to grow our business and deliver the best of Aon to our clients.”

The completion of the building in 2014 will continue the steady transformation of the London skyline, adding to other such recent additions as Heron Tower, and the newly topped out Shard London Bridge.

Keep an eye on our blog for news of future office developments and take a look at our office search for more information on office space to rent in the City, other parts of Central London or the UK.

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Author: | November 15, 2011 | 0 Comments

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