Aon, the UK’s largest insurance broker, has signed a contract to pre-let 191,000 sq. ft. of London office space to make new London headquarters.
The provider of risk management services already has 5,000 staff in 30 offices across the country but according to a report by British Land, Aon in the UK and Aon Corporation have exchanged a binding Agreement for Lease for office space at the Leadenhall Building in England’s capital.
Chris Grigg, Chief Executive of British Land said: “This significant letting to a leading global business is good news for the City and demonstrates the success of our commitment to creating well located world class buildings that provide long term value to occupiers. I am very pleased to welcome Aon to The Leadenhall Building and continuing our well established relationship with them.”
The Leadenhall Building is currently under construction and is said to be completed by 2014, towering at 736 ft. high. The latest letting represents one third of the overall 610,000 sq. ft. office tower.
The firm has signed an average lease term of 19 years and will occupy the lower 10 floors of the 47-storey structure. However, British Land says that they will have options to acquire further space totalling up to 85,000 sq. ft.
Robert Brown, CEO Aon Limited, said: “We are delighted to have chosen The Leadenhall Building as our new London headquarters. The Aon Centre at The Leadenhall Building places us at the heart of the City’s insurance sector and the building’s impressive location and offices reflect our standing as the leading global professional services firm focused on risk and human capital management.”
He added: “The UK, and indeed London, remains an integral part of Aon Corp’s strategy. The decision to move to The Leadenhall Building confirms our commitment here and offers us an ideal platform to continue to grow our business and deliver the best of Aon to our clients.”
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