BP has agreed a 192,000 sq ft lease with Landsec to establish its new global headquarters at Timber Square in Bankside, London.
Timber Square
The lease covers the entire 15-storey Ink building at the 365,000 sq ft office scheme.
The Timber Square development completes this month and is now 54% let. Landsec said it is seeing strong customer interest in the remaining ten-storey Print building.
Oliver Knight, head of workplace at Landsec, said: “BP is one of the biggest and most respected companies in the UK and their selection of Timber Square underscores the strength of demand for highly connected, sustainable workspace in locations like Bankside. Their new workspace brings together high environmental performance, a unique aesthetic and the modern amenities businesses need to attract and retain talent.
“Our office developments and assets play a pivotal role in supporting customers to raise the bar on both workplace experience and sustainability. Alongside Timber Square, we’re focused on delivering Thirty High in Victoria, SW1, a much-needed net zero carbon and amenity-rich office space, into a submarket where high-quality supply remains scarce.”
This major lease agreement follows the announcement last week that Landsec’s MYO King’s Cross development, which completed in late 2025, is already 60% let or under offer and is expected to be substantially let by the summer.
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