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21 April 2015 - London

Pembroke Real Estate Secures 39,120 sq ft Letting at 10 Finsbury Square

Pembroke Real Estate is pleased to announce the London Metal Exchange (LME) as a new tenant at 10 Finsbury Square…

Pembroke Real Estate is pleased to announce the London Metal Exchange (LME) as a new tenant at 10 Finsbury Square. The deal means 10 Finsbury Square is now 55% let and 74% let or under offer.

Pembroke Real Estate is pleased to announce the London Metal Exchange (LME) as a new tenant at 10 Finsbury Square. The deal means 10 Finsbury Square is now 55% let and 74% let or under offer.

The LME, the world centre for industrial metals trading, will occupy the ground, first and second floor totaling approximately 39,120 sq ft. The deal represents an important time for the LME as it moves from its existing premises of 21 years on Leadenhall Street.

Stuart Sloan, Chief Operating Officer at London Metal Exchange said:

10 Finsbury Square is the ideal new home for our business as it offers flexible office and trading space combined with excellent transport links. It means that for the first time we can bring together all of our staff in one location, as well as keep our commitment to the Ring, our open outcry trading floor.

said David Lucey, senior vice president and head of U.S. operations for Pembroke Real Estate.

We have a new management team in place, upgrade work underway, and construction beginning on our new lobby and amenity enhancements in the coming months – 100 California is being transformed into a premium headquarters property for forward looking companies like NRG and Fidelity

David Burke, Head of European Asset Management at Pembroke Real Estate, said:

This latest letting demonstrates 10 Finsbury Square’s diverse appeal and its unique benefits. The LME is a traditional City occupier with specific accommodation requirements. Thanks to 10 Finsbury Square’s open, clear floorplates and unique location, it can offer the LME a flexible workspace solution whilst maintaining their important City connection. We look forward to welcoming the LME to the building.

Situated to the south of Silicon Roundabout, where Shoreditch meets The City, 10 Finsbury Square offers eight floors of flexible, open-plan office space. The 150,000 sq ft building is uniquely bordered by two of the largest green spaces in the City and, with floor-to-ceiling glass, the large-scale floorplates benefit from outstanding levels of natural light. The building is 74% let or under offer with 39,201 sq ft still available to lease.

Knight Frank and Cushman & Wakefield are joint letting agents for 10 Finsbury Square.

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