Danish toy giant Lego has completed its letting of an 192,000-square-foot London headquarters across three and a half floors of 76 Southbank.
Wolfe Asset Management announced Lego will move its London hub from Farringdon to 76 Southbank in 2027 housing up to 1,500 employees. The company said the move is part of the Lego Group’s global strategy to create "world-class workplaces in locations with access to top talent in order to meet its future growth ambitions".
76 Southbank is a Grade II-listed, 300,000-square-foot sustainable office building next to the National Theatre. The building has been redeveloped by Dubai family office Al Gurg Group by Stanhope as development manager with LaSalle Investment Management as asset manager and overseen by Multiplex as the main contractor.
Global alternative asset manager Cheyne Capital Real Estate provided the financing.
CBRE and JLL have been appointed as agents for 76 Southbank with Taylor Wessing acting as the legal advisor to WAML. The latter is a real estate investment arm of the Easa Saleh Al Gurg Group, a Dubai-based conglomerate owned by the Al Gurg family.
76 Southbank is the last significant work of Sir Denys Lasdun, the brutalist architect behind structures such as the National Theatre. The new scheme has been designed by AHMM.
76 Southbank is targeting BREEAM Outstanding certification and NABERS Design Reviewed Target Rating of 5 Stars.
Outdoor terraces span 50,000 square feet offering river views.
Lego joins PayPal, the digital payments group, which last week confirmed it had completed its letting of the top floor of 76 Southbank, the Grade II-listed building next to the National Theatre, that is being redeveloped and extended by to create 300,000 square feet of offices.
Kevin Darvishi, head of leasing at Stanhope said: “The Lego Group’s decision to select 76 Southbank as its next London Hub underscores the building’s pioneering sustainability credentials and central location. Providing occupants spectacular riverside views, 76 Southbank is highly connected and offers best-in-class amenities. Securing an occupier of this standard reflects the building’s alignment with market demand for environmentally responsible and amenity-rich workspaces.”
Chris Lewis, managing director, international accounts, Europe, LaSalle Investment Management said: "We are thrilled to welcome the Lego Group to 76 Southbank. This addition further reinforces the building's position as a standout, centrally-located commercial property. The LEGO Group's choice reflects the growing demand for workspaces that blend sustainability, heritage and modern amenities. 76 Southbank's ability to attract such diverse, high-profile tenants underscores its unique appeal in today's evolving office landscape."