Boutique lender will relocate from W1
The City Agency team at Colliers International has secured a lease assignment on the 12th floor of 1 Angel Court in London EC2, to Bank Leumi on behalf of client CIBT UK.
Bank Leumi, a boutique lender, has agreed an assignment on the 8,746 sq ft floor and will relocate from 20 Stratford Place, W1, to 1 Angel Court, which is a recent mixed-use development of over 300,000 sq ft. One of the most recognised prime buildings in the City core, it is home to several other occupiers including Borg Warner, Bupa, Ripple and Equifax.
Jamie Nurcombe at Colliers International, commented: “Disposing of this liability on behalf of our valued client, CIBT, is an excellent start to the year following the challenges of 2020. The deal demonstrates the unerring appeal of a London headquarters for UK and international operations, as well as the resilience in occupier demand for prime City offices in general.
“Looking ahead to the rest of this year, we are feeling increasingly confident amid strong underlying market dynamics, the ongoing roll-out of vaccinations and clarity on a post-EU world. We look forward to seeing a return to the Square Mile from occupiers and visitors alike.”