London SE1 community website

Royal Bank of Scotland confirms Bankside move

London SE1 website team

The Royal Bank of Scotland is to move into Land Securities' Bankside 2 and Bankside 3 buildings on Southwark Street.

Bankside 2&3 in Southwark Street
Bankside 2&3 in Southwark Street

Land Securities has exchanged contracts with the Royal Bank of Scotland for the pre-letting of the Bankside 2&3 development.

RBS will take a 20 year lease occupying a total of 377,910 sq ft over the two buildings, with rental levels of 46.50 for the best space.

Bankside 1, now known as the Blue Fin Building, is occupied by IPC Media following its sale in May 2004.

"Our decision to build Bankside 123 was based on our belief that the Bankside area has always held the potential to be a diverse and exciting location for commercial, retail and residential users," says Mike Hussey of Land Securities.

"Royal Bank of Scotland now joins IPC Media at our Bankside complex along with a strong list of retailers. Tate Modern is expanding and new residential schemes are adding to the area's attractiveness.

"We are delighted that RBS have recognised that in their commitment to the scheme and look forward to welcoming them into their new offices."

Bankside 3 will include a community office/events space with access from Great Guildford Street.

The SE1 website is supported by people like you
We are part of
Independent Community News Network
Email newsletter

For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.

7,000+ locals read it every week. Can you afford to miss out?

Read the latest issue before signing up

News archive from February 1999 to January 2001
Got a story for us?
Contact us with your tip-offs and story ideas.