LONDON-In the City of London’s biggest pre-letting of the year management consultancy Accenture has signed a pre-letting of 375,000 sf in the 507,000 sq first phase of British Land’s Plantation Place development in Fenchurch Street, EC3. Accenture also has the option to extend into the remaining space in the building, and into the second phase of Plantation Place, fronting Mincing Lane, which is currently the subject of a new planning application.

The letting covers 352,702 sf of offices at £54 ($79) per sf and 22,722 sf of basement storage space at £15 ($22) per sf. The deals means British land can star construction immediately with completion of the building due in the first half of 2004.

Accenture has been looking to consolidate its London operations under one roof and several of its existing leases expire in 2004. Accenture Director Willie Jamieson said ‘Accenture is delighted to secure highly efficient, cost effective and flexible space in a preferred location which will meet our consolidated space needs in 2004 and allow for future growth of the business.’

And British Land Chairman John Ritblat said the letting was a healthy indicator for the current City of London office market.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.