Irish insurance company opens London office

Allstate Northern Ireland, a subsidiary of the US insurance company Allstate, will open its first office in England in London’s West End. The company has leased 11,444 sq ft on the second floor of 1 Dean Street, W1, owned by Norges Bank, which is responsible for investments from Norway’s sovereign wealth fund. The lease will run for 10 years at £94 per sq ft. The grade-A space was originally marketed by Knight Frank at £97.50 per sq ft. JLL also acts as a leasing agent on the building. See which agents are doing the most office deals in the West End >>