Land Securities : Castleton Commodities International and DBRS lease space at 20 Fenchurch Street, EC3

7 September 2015

Canary Wharf Group and Land Securities have let level 34 of 20 Fenchurch Street, EC3, to Castleton Commodities International ("CCI") on a long term lease, taking the building to 98% let. The global commodities merchant has leased the top office floor of the building.

Following the recent letting of level 31 to credit rating agency DBRS, just 15,000 sq ft of office space remains at 20 Fenchurch Street, on the third floor.

Magesh Nair, CCI's Chief Operating Officer, said, "We're pleased to have secured space at this marquee location for our new London headquarters. The building provides us with the operational resilience we require for our business, and is an optimal environment for our employees and visitors."

Detlef Scholz, Head of Europe at DBRS, said; "We look forward to occupying this very impressive and at the same time efficient space, accommodating the growth of our business. We believe that this location will be well accepted by our analysts, but also appreciated by customers visiting us at our new offices."

Kaela Fenn-Smith, Head of Commercial at Land Securities, said: "We're incredibly pleased that CCI and DBRS have chosen to relocate their businesses to 20 Fenchurch Street. The building's unrivalled views of the capital and enviable amenities have ensured its popularity with a diverse range of leading global companies. We look forward to welcoming both CCI and DBRS when they move in later this year."

Richard Archer, Managing Director, Offices at Canary Wharf Group said: "We're delighted to welcome two more businesses to 20 Fenchurch Street, taking this landmark building very close to being fully let. Castleton Commodities International and DBRS are representative of the kind of high quality companies already resident and will benefit from the building's spacious floorplates and spectacular Sky Garden."

Knight Frank and CBRE advised Land Securities and Canary Wharf Group. CBRE advised both CCI and DBRS.

• Castleton Commodities International and DBRS lease space at 20 Fenchurch Street, EC3