123 Victoria Street
11.02.2014, 14:15
Ophir Energy takes 18,000 sq ft at 123 Victoria Street, SW1
Company News, Real Estate
Land Securities Group PLC (‘Land Securities’) has let a further 18,000 sq ft at 123 Victoria Street, SW1 to Ophir Energy PLC.
Ophir Energy, the FTSE 250 oil and gas exploration company, is relocating from its existing Mayfair headquarters to join existing tenants such as US software company Intuit, CDC Group, CPA Global and Jimmy Choo at 123 Victoria Street.
The move reinforces Victoria’s position as the destination of choice for a wide range of businesses including luxury fashion, energy and resources and the financial sector, and follows a spate of lettings at Land Securities’ 62 Buckingham Gate last year.
This latest letting means 123 Victoria Street is now 93% let with just 17,000 sq ft still available.
Kaela Fenn-Smith, Head of Leasing at Land Securities, said:
“We are delighted to welcome Ophir Energy to 123 Victoria Street. Their decision to move from Mayfair and choose Victoria as their new home reflects the area’s ever-increasing reputation as a vibrant destination for forward-thinking companies.”
Bluebook advised Ophir Energy.
123 Victoria Street
123 Victoria Street, which was completed in August 2012, forms part of the wider planned regeneration of Victoria, including other nearby properties Cardinal Place, Kings Gate (residential), The Zig Zag Building (offices), 62 Buckingham Gate, Wellington House and Victoria Circle. Land Securities currently has a 2.2 million sq ft development pipeline for Victoria and plans to invest £2 billion over the next decade. The area around Victoria Street will be transformed into a place for Londoners to enjoy, people to visit and a place that businesses and individuals are proud to call home.
