Leasing Update: TIDE Bankside Now Over 55% Let Following Latest Office Deal

03/04/2025

1 April 2025 – LBS Properties, in joint venture with Barings, has completed a major letting at TIDE Bankside. Workplace Futures Group (WFG) has signed for the top two floors—10th and 11th—totalling 18,686 sq. ft on a 10-year lease.

The move marks another strong vote of confidence in the landmark South Bank development, which is now over 55% let, comprising 80,000 sq ft. WFG (parent company to Ambit, Modus, Mytr, Two and Platfform) delivers design, refurbishment and fit-out services to the commercial office sector. The firm is relocating its headquarters from Victoria, following an extensive three-year search.

This letting follows the recent lease of the 7th floor to global travel firm Flight Centre. Together, the 7th, 10th and 11th floors account for 32,693 sq. ft of newly occupied space. The building is now home to a growing community of high-performing, future-focused businesses.

Delivering London’s most sustainable new office building

Developed by LBS in partnership with Barings—one of the world’s largest diversified real estate investment managers—TIDE Bankside offers 145,000 sq. ft of premium workspace across 11 upper floors, plus a ground-floor retail unit.

Designed by Squire & Partners, the building combines exceptional design, smart building infrastructure and industry-leading sustainability credentials. Highlights include:

  • Net Zero Carbon certified
  • NABERS 5 Star Design Reviewed
  • EPC A rating
  • BREEAM Outstanding certification (pending)
  • LETI 2025 upfront embodied carbon compliance
  • WELL Platinum Design-enabled
  • WiredScore Platinum certified
  • SmartScore Platinum (targeting)

TIDE has also been named a finalist in the 2025 British Council for Offices Awards.

A focus on experience and wellbeing

Occupiers at TIDE benefit from over 13,000 sq. ft of green space, including a rooftop communal terrace with panoramic views of the Thames and the City. The building includes openable windows throughout, 284 secure cycle spaces, 28 showers and a dedicated cycle maintenance centre.

NewFlex, the building’s flexible workspace offering, has also taken 32,000 sq. ft across multiple floors, further enhancing the community and amenity offer within TIDE.

Strong leasing momentum

Nick Crawford, CEO of LBS Properties, said:

“TIDE continues to attract ambitious occupiers who care about the quality, performance and sustainability of their workspace. WFG’s decision to relocate to the top floors reflects the strength of our product and the momentum we’re building alongside Barings. We look forward to welcoming more leading businesses to the building.”

Ian Mayhew, Head of Real Estate Equity Asset Management – Europe at Barings, added:

“The continued leasing momentum at TIDE is a testament to the building’s exceptional quality and appeal. Businesses are increasingly prioritising best-in-class, sustainable office space in well-connected locations, and TIDE is delivering on that demand. We’re encouraged by the level of interest in the remaining floors and look forward to announcing further lettings soon.”

Dr. Toby Benzecry, Founder and CEO of Workplace Futures Group, said:

“After 31 years in the same building in Victoria, the choice of a new home was a massive decision. Once we found TIDE, we knew it was the one. As a B Corp business, the building’s sustainability credentials were crucial, but it was the quality of the workspace—both indoor and outdoor—that made this the overwhelming favourite of the leadership team. TIDE is a fantastic building in a great location, and we can’t wait to move in.”

Cushman & Wakefield, RX London and USP are appointed leasing agents on TIDE.