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Nomura Leases 100% of Watermark Place

LONDON-According to Property Week, the Japanese bank will move into the brand new, 525,000-square-foot office property.

By Ryan Clark | Updated on July 06, 2009

LONDON-Nomura Bank is taking the entire 525,000-square-foot space of Watermark Place here, according to Property Week . The Japanese bank–which recently purchased the banking business of Lehman Brothers–will be able to move 5,000 employees into the property. The floor plates run, on average, between 34,000 square feet and 54,000 square feet.

The report suggests that much of the Lehman business at Canary Wharfs will vacate its space, as Watermark tops off July 29th of this year. The building is being developed by UBS Global Asset Management and Oxford Properties, the property arm of Canad’s Ontario Municipal Employees Retirement System pension fund. The asking price per square foot is undisclosed.

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