Property Week reported that British Land was close to signing power market regulator Elexon as the first tenant at its new Regent’s Place mixed-use scheme in London.

Regents Place

Elexon later took two floors totalling over 32,000 sq ft at a rent of £48/sq ft.

Meanwhile, earlier this month, developer Lendlease revealed that it would leave its 80,000 sq ft HQ at Regent’s Place when its lease expires in summer.

Lendlease will exit its Triton Street offices and is evaluating hybrid working options in its hunt for new premises. Its EMEA business has occupied the building since 2010.