Land Securities : OMV Group chooses 62 Buckingham Gate for UK headquarters

24 March 2014

Land Securities has let 20,643 sq ft at 62 Buckingham Gate on a ten year lease to OMV Group for their UK headquarters.

OMV, an integrated, international oil and gas business, is Austria's largest listed industrial company.

In choosing 62 Buckingham Gate, they will join names such as The Bill & Melinda Gates Foundation, Rolls Royce and World Fuel Services who already occupy space at the Pelli Clarke Pelli designed building.

The building also hosts high-end food outlets Benugo and the 'naturally fast food' company Leon. Independent cinema chain Curzon is set to open a five-screen cinema at 62 Buckingham Gate at the start of May, securing the building's reputation as offering a truly multi-purpose space.

This latest letting means 62 Buckingham Gate is now 63% let.

Since its opening in May 2013, leading international firms have been drawn to 62 Buckingham Gate's efficient design, natural-light filled spaces and enviable views of London. Known for its striking appearance, informed by tilting panes of glass, the building also houses two landmark art works: a Grayson Perry tapestry from his acclaimed collection The Vanity of Small Differences and Stuart Haygarth's inspiring 'Optical' light installation.

The arrival of OMV will reinforce Victoria's growing reputation as one of the West End's most sought after destinations for office, retail and residential space. With excellent transport links and scenic parks, Victoria's position as a destination neighbourhood is being increasingly bolstered by Land Securities' £2billion transformation of the area.

Kaela Fenn-Smith, Head of Leasing at Land Securities, said: "OMV's decision to relocate its UK head office to 62 Buckingham Gate is testament to the building's exceptional office space and increasingly prestigious location. We are delighted to see a variety of leading international businesses recognising the appeal of Victoria, including high growth firms from the oil and gas sector."

-Ends-

For further information please contact:

Land Securities Group PLC

Molly Neal/Duncan Bonfield
T: +44 (0) 20 7024 5460 / 5463
molly.neal@landsecurities.com

Notes to editors:
Images available on request

Land Securities is the UK's largest commercial property company and a member of the FTSE 100. The company owns and manages more than 26 million sq ft of office, retail and residential space.

Land Securities currently has a 2.2 million sq ft development pipeline for Victoria and plans to invest £2 billion over the next decade. The area around Victoria Street will be transformed into a place for Londoners to enjoy, people to visit and a place that businesses and individuals are proud to call home.

www.landsecurities.com

• OMV Group chooses 62 Buckingham Gate for UK headquarters