The Royal Bank of Scotland and Omnicom have entered into an Agreement for Lease for Bankside 2 and Bankside 3, Southwark Street, SE1, London totalling 370,000 sq ft, until September 2027.
This is the largest office letting in Southwark this year and the second largest in the Central London market.
Omnicom is a leading global advertising and marketing communications services company listed on the New York Stock Exchange.
Neil Austin, Head of Asset Management, at The Royal Bank of Scotland, said: “Following a strategic review of our occupational property portfolio in Central London the decision in January 2014 to dispose of Bankside 2 and Bankside 3 has proven to be the right choice by securing a tenant of Omnicom’s calibre and size.”
The Royal Bank of Scotland was advised by DTZ and Cushman & Wakefield. Omnicom was advised by Feld Real Estate.
