Join us for FREE and access exclusive investments and property investment resources
Join IPIN here
Access exclusive opportunities that are only available to IPIN Members
Find out more
We never share your data with any third parties.
*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.
Rogers Stirk Harbour
Walkie Talkie Building
London's new Walkie Talkie is over half-leased according to its developer Land Securities. The firm said that 52 percent of floorspace is leased in the 37 storey tower, which is among the most distinctive of the new towers becoming part of the London skyline. Another 4 percent of floor-space is in the process of being let but is currently "in solicitors' hands" according to the firm. Two-thirds should be leased by the time the tower opens next spring, Reuters reports.
The Walkie-Talkie is one of a trio of exciting new towers in London, exciting in their size and attributes but also in their catchy names, Walkie Talkie (designed by Rafael Viñoly), the Shard (designed by Renzo Piano) and the Cheesegrater (designed by Rogers Stirk Harbour & Partners).
London is arguably at the top of a new breed of global super-city, cities which exist in a league of their own when it comes to property prices, rents and investment potential. London needs more skyscrapers and here they come.
Some analysts have been skeptical that the market could absorb the rush of new office space. Only about 10 percent of the office space in The Shard, London's tallest building, is leased, according to news reports. But this week News Corp. announced plans to lease the "Baby Shard," the 17-story complex next to the Shard.
Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here
*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.