That stock News

Financial services group is set to take 50,000 square feet of space Office on the site of St Paul, paying about ￡ 52.50 square feet.

The agreement is the last sign companies committing to new Office agreements as confidence returns to the Square Mile.

Friday, Earth British unveiled plans for a new headquarters and 700,000 sq. for UBS in the city. Land Securities and British land have also started to work on new skyscrapers in the city, the talkie walkie and Cheesegrater, which are designed to take advantage of a lack of supply of offices from 2014, just like a wave of leases expire.

Friends Provident is currently based at 100, Wood Street, but he was looking for more space after its takeover by Clive Cowdrey resolution last year.

Friends Provident spokesman said: "we seek with offices in London." No location is confirmed yet. "Land Securities declined to comment.

A change again is first commercial centre of the city - like Topshop, shops and restaurants offering - but also a 330,000 square feet of offices located above retail units. Offices will open next year with the law firm K & L Gates and the Chicago Mercantile Exchange, already signed to the regime.

Development is expected to enjoy retail robust Christmas Exchange so far. Francis Salway, Executive Director, Land Securities, said last month that a change has again been attracting laneway of 10,000 shoppers and 5,000 weekday weekend ahead of forecasts.

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