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Thursday, 27 February

The Bat Cave London

TH Real Estate has agreed a new letting to Bacardi (with the Bat logo) Global Brands at The Steward Building, Spitalfields in London’s E1 area.

Advised jointly by Knight Frank and Savills, this will be a new London office for the family owned spirits company which has agreed a new 10-year lease and will take 9,564sqft on the third floor.

The Steward Building which was developed by TH Real Estate and completed in 2015, provides 48,249sqft of new office space over six upper floors close to Liverpool Street Station. Bacardi will join Cognolink which occupies the top three floors of the building while two floors remain available, both extending circa 9,559sqft.

With its desirable location in the heart of the historic Spitalfields Market, a dynamic mix of leading retail brands on the ground floor and a strong office occupier on the top three floors, the Steward Building was seen as a key asset in TH Real Estate’s Central London portfolio. “We are pleased to have secured Bacardi which is testament to the strength and profile of the building and we are focused on letting the remaining two floors,” stated Ilna Patel, Portfolio Manage, TH Real Estate.

In its advice Savills was confident that the choice was a perfect fit for Bacardi. ”The Steward Building is a new landmark building for Spitalfields, an area which has seen significant growth in recent years and continues to generate interest from an ever more diverse group of occupiers,” said James Gillett, Director in the Central London Team at Savills. “This recent letting to Bacardi will see the largest privately held, family owned spirits company in the world take advantage of the high spec office development which offers occupiers contemporary space and open terraces.”

Picture: The Steward Building in Spitalfields is the new home for Bacardi 

Article written by Robin Snow

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