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Broadgate, one of British Land’s many office schemes and developments has a new tenant. GIC and British Land have signed up growing financial technology (fintech) duo, Starling Bank and Innovate Finance, who have taken space at Broadgate’s 2 Finsbury Avenue.
Starling Bank is the first mobile-only challenger to launch a current account, and the ground-breaking firm will take on 14,500 sq ft on the third floor of the building. While Innovate finance, the UK Fintech Membership Association, is taking 1,600 sq ft on the seventh floor of the British Land development.
Fraser Williams, Director at Morgan Pryce and leading Chartered Surveyor in London, explains; “Fintech is a growing industry. 14,500 sq ft is miniature compared to what these companies will be taking on in the future. All industries are changing; even the property industry is evolving with the substantial rise of proptech.”
With these fintech companies in residence, the building will reach 98% occupancy. There have also been other recent lettings in the building, to companies like Kingfisher, whose digital department have taken space with Storey – British Land’s flexible workspace sector.
This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.