Visa narrows search for new London HQ
Two new office developments on British Land’s Broadgate campus, EC2, are leading contenders to become Visa Europe’s new regional HQ.
With the lease on its headquarters at 1 Sheldon Square, W2, on British Land’s Paddington campus, ending in 2028, the financial services company has been searching for new offices of around 150,000 sq ft.
Understood to be among the favourites are British Land and GIC’s 1 Appold Street and One Exchange Square, which is being delivered by LaSalle Investment Management on behalf of Malaysian investor Permodalan Nasional Berhad.
Two new office developments on British Land’s Broadgate campus, EC2, are leading contenders to become Visa Europe’s new regional HQ.
With the lease on its headquarters at 1 Sheldon Square, W2, on British Land’s Paddington campus, ending in 2028, the financial services company has been searching for new offices of around 150,000 sq ft.
Understood to be among the favourites are British Land and GIC’s 1 Appold Street and One Exchange Square, which is being delivered by LaSalle Investment Management on behalf of Malaysian investor Permodalan Nasional Berhad.
Designed by Piercy & Company, 1 Appold Street will provide around 513,000 sq ft of offices and 46,000 sq ft of gym space close to Liverpool Street station. Plans for the 14-storey tower were approved in April last year.
The 13-storey One Exchange Square, due to complete in the first quarter of 2026, is set to deliver around 422,000 sq ft of workspace, 15,000 sq ft of retail and 34,000 sq ft of external accessible space. Designed by Fletcher Priest Architects, the building will be 100% electric and net zero in operation.
Image © Piercy & Company
