Reports say a ripple labs lease is under negotiation for the top floors of One Leadenhall in the City of London.
What are the reported terms of the One Leadenhall deal?
How much space and what rents are quoted?
According to Bloomberg (Natasha Voase, October 21, 2025), the talks cover roughly 90,000 square feet (8,361.3 sqm) across the tower’s upper levels.
Market commentary cites asking rents of about £140 per sq ft, positioning the building among the most expensive in the london financial district.
In brief, the reported package would deliver a large, contiguous footprint in a 35‑story Brookfield development, and the headline rent anchors perceptions of value for comparable Mayfair and City offers.
How does this reflect Brookfield’s positioning in London?
Is One Leadenhall a brookfield london tower asset aimed at high end offices?
One Leadenhall is a 35‑story development by Brookfield, marketed for premium occupiers seeking central connectivity and modern specifications. The size and pricing cited would reinforce Brookfield’s strategy to target top‑tier tenants in prime office rents markets.
What are the wider market implications?
Could this shift demand for mayfair comparable space or affect the ripple labs office footprint?
A commitment of this scale from a major crypto firm would signal continued appetite for quality central London stock and could influence leasing tone across both the City and Mayfair comparable space.
Analysts say such deals help reset benchmarks for landlords and occupiers alike.
Source Bloomberg, Natasha Voase, October 21, 2025. For building details see Brookfield Properties and market context from the London Office Market Report by CBRE.
