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Will Aon Sign For The Cheesegrater

British Land and their partner Oxford Properties seem about to win the bid to bring the first occupier to the iconic Cheesegrater in London before the under construction building has even started to actually rise from its footprint.

Aon, one of the largest insurance companies in London, has long been looking at floor space for the Square Mile, and has been linked to the project for some time. This time last year they had narrowed their potential headquarters in London down to three options, one of which is the Leadenhall Building, and now it seems like they could be about to sign on the dotted line for approximately 20,000 square metres of space.

This space will almost certainly be on the lower floors of the tapering tower that provide the largest floor plates of up to 1,982 square metres leaving the smaller, and more expensive upper floors available for occupancy by smaller companies who will be willing to pay top whack for great views from such a prestigious building.

Aon is expected to pay rent at a headline rate of about 52 for every square foot, although this doesn't include any long-term discounts and sweeteners that the developers could have thrown their way to make the building a more attractive proposition than the competing options of 100 Bishopsgate and 20 Fenchurch Street.

The Rogers, Stirk + Harbour designed tower, which will be the tallest in the City of London if finished before the Pinnacle, should be ready for tenants to move in the middle of 2014.

Article Related buildings:

The Leadenhall Building

The Leadenhall Building
100 Bishopsgate

100 Bishopsgate
20 Fenchurch Street

20 Fenchurch Street
The Leadenhall Building, London
The Leadenhall Building, London