Leading market specialist, Leumi UK, has taken a lease assignment 1 Angel Court, London, EC2 totalling 8,746 sq ft. The boutique lender will relocate to the City Core in 2021 following a 20-year occupation at 20 Stratford Place, W1.
London continues to represent a key gateway city for the Leumi Group, Israel’s largest banking group.
Located between Copthall Avenue and Throgmorton Street in the Bank Conservation Area, Angel Court, was developed by Mitsui Fudosan in 2017 and offers approximately 300,000 sq ft of Grade A office space. There is also a high-quality retail offering at ground floor level accommodating leading restaurateurs including COYA and Natural Kitchen.
George Evans, COO, Leumi UK, said: “I’m delighted to announce that 1 Angel Court will serve as Leumi UK’s new headquarters for the foreseeable future. The move demonstrates the Leumi Group’s commitment to growing our activity across London and beyond, placing us right in the centre of Europe’s leading financial services hub. We are also transforming our working practices with a new agile model that draws from the experiences of the pandemic and delivers a best-in-class office environment for our staff and clients.”
Jack Tomlin, Partner at Knight Frank, said: “Angel Court will provide an excellent working environment for Leumi UK for many years to come. The central location, high level of amenity and spectacular views across the London skyline make it one of the most attractive multi-let office buildings in the City Core.”
Knight Frank represented Leumi UK and Colliers International represented the disposing party. Law firm Addleshaw Goddard LLP acted for Leumi UK.