TIDE Bankside officially launches
Last week, we officially launched TIDE Bankside, a landmark new office building in London’s Bankside district.
To mark the occasion, we welcomed over 200 of London’s finest leasing and investment agents. Guests were treated to panoramic views of the capital, a walkthrough of the finished space – and the chance to celebrate the delivery of this flagship project.
TIDE is a Net Zero carbon, 12-storey, 145,000 sq. ft office building designed by award-winning architects Squire and Partners.
For more information, contact our agents: Cushman & Wakefield, RX London & USP London
TIDE Bankside is a joint venture between Barings and LBS Properties.
LBS & Barings secure first TIDE Bankside letting
Alongside our joint venture partner Barings, we are proud to have agreed the first pre-letting at the TIDE Bankside development.
Having bought the site with full planning permission in 2021, the JV has agreed a lease spanning the entire third floor of c.13,907 sq ft with Costello Medical. The company, which provides scientific support to the healthcare sector, has signed a 15-year lease.
Costello Medical is expected to take occupancy of its space shortly after the building completes this summer, moving from its existing office on Old Broad Street.
Tide comprises 11 upper floors providing 133,794 sq ft of grade A office space, along with a ground floor retail unit and 11,560 sq ft of affordable workspace on the lower ground, ground and first floors. The Squire & Partners-designed development includes a 5,167 sq ft rooftop communal terrace.
Cushman & Wakefield, RX London and USP are letting agents for Tide.
Nick Crawford, CEO of LBS Properties said: “TIDE’s design, location and market-leading sustainability credentials make it the perfect home for forward-looking businesses seeking to provide the very best in workplace experience for their teams.”
Rose Wickstead, London office lead, Costello Medical, said: “It is so important to us to provide our talented, hard-working teams with a fantastic professional home to foster connection and collaboration.
“As a B corp, Tide’s best-in-class green credentials and the social value it will create were deeply appealing to us. In Barings and LBS, we found real estate partners who understand our needs and we’re looking forward to being part of the Tide community with them and our soon-to-be neighbours in a cutting-edge building in such a brilliant central London location.”