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Three sign for New Ludgate

New-Ludgate-CGILand Securities has secured three new lettings at New Ludgate, EC4, taking the scheme to 92% let.

Commonwealth Bank of Australia will move its European headquarters to 44,000 sq ft on the first and second floors at One New Ludgate on a 15-year lease.

International law firm Ropes & Gray, which signed a 20-year lease for 45,000 sq ft at One New Ludgate last year, will now take a further 13,000 sq ft on the building’s fifth floor.

Sales and marketing consultancy ZS Associates International has signed for 13,000 sq ft on the eighth floor of One New Ludgate.

One and Two New Ludgate, which completed in April, comprise 355,000 sq ft of offices, along with 26,000 sq ft of shops and restaurants.

The entirety of Two New Ludgate was prelet to Japanese Bank Mizuho Group in 2014.

Land securities head of commercial Kaela Fenn-Smith said:  It is fantastic news that ZS Associates and Commonwealth Bank of Australia have both chosen New Ludgate, and we’re delighted that Ropes & Gray have secured extra space to support their growth in London. With its resilient and well-engineered office space, refreshing mix of new shops, restaurants and public space at ground level, and excellent connectivity, New Ludgate is a great place for these three companies to do business. We look forward to welcoming them all to the building when they start moving in later this year.”

Ropes & Gray real estate partner Iain Morpeth said: “We are delighted to have had the opportunity to increase our space within this landmark building. This allows us to support our continued growth and deliver an exciting and flexible environment for our London office. We look forward to taking occupation in October 2015.”

chris.berkin@estatesgazette.com            

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