Press enter

Shard on the lookout for tenants | 31 May 2012

Developers of the already-iconic Shard in London Bridge are set to welcome bidders for the 575,000 square feet of office space the building offers, reuters.com reports.

Whilst developers traditionally secure pre-lets before starting building work, Shard developers Sellar Property Group are just a month from completion with only Shangri-La hotels putting their name down on the books to take up floors 34 – 52.

Many businesses have registered an interest in the building, although none have yet signed on the dotted line. Among the newest is Qatari broadcaster Al-Jazeera, which has registered an interest in taking up one 30,000-square-feet floor. The deal would mean its London base moves from Knightsbridge to the Shard.

Many have speculated that the Al-Jazeera move is related to the Shard’s strong links with Qatar, as it has been 95 per cent funded by the state.

A spokesperson for the Shard, however, has said the developers are to remain calm and will choose the right tenants when it suits them. “Our Qatari investors can take a long-term view,” they told independent.co.uk.

“The priority is about the right tenant. We want a good mix of tenants whether it be media, technology or legal or hedge fund occupiers. But we will not rush the lettings for the sake of striking deals. We don’t need to and don’t want to.”

Written by David Howells on behalf of Qube Global Software

While posted by Qube Global Software all views expressed are not necessarily those of the company. All facts are verified where possible directly by the author.

Share this story
More News

Qube Global Software customers win at the Property Week Awards | 7 November 2017

We are delighted to announce that a number of our customers were crowned winners at the Property Week Management All-Stars awards – held at Grosvenor House, London, on the 2nd November.

Network Homes choose Qube Living | 16 August 2017

Network Homes has chosen to implement Qube Living to support its growing Build to Rent portfolio.

Qube Global Software customers shortlisted at ARMA ACE Awards | 6 June 2017

We are proud to announce that a number of our customers have been shortlisted at the prestigious ARMA ACE Awards.

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close