Skanska secures third office letting at The Monument Building, London EC3

Skanska has let the seventh floor of The Monument Building, its 94,000 sq ft (8,733 sq m) office-led development in the City of London, to Booking.com.

The world leading online accommodation booking company, which is part of the Nasdaq-listed Priceline Group, has taken the entire seventh floor, totalling 9,678 sq ft (899 sq m), on a ten-year lease.

Alex Jordan, Skanska’s Leasing Director, said: “We are delighted to be able to announce the third office letting at The Monument Building to such a well-known company with a strong covenant. Booking.com will join TwentyFour Asset Management and UnderwriteMe who have taken the eighth and ninth floors respectively.”

The Monument Building, designed by architect Ken Shuttleworth’s Make, features four terraces, a large reception area, state-of-the-art cycle storage and shower facilities. The building, which has been fitted with a ‘curtain’ of twisted, anodised aluminium fins on the south façade, completed in June.

Work started on site at The Monument Building in December 2013 under the Workplaces by Skanska banner and has seen three separate buildings (11-15 Monument Street, 46 Fish Street Hill and 1-2 Pudding Lane) demolished and replaced with 90,000 sq ft (8,361 sq m) of office space and 4,000 sq ft (372 sq m) of ground-floor retail accommodation.

One of the two retail units, on Fish Street Hill, has been let to Olive & Squash for its new salad bar concept.

Savills represented Skanska in the transaction. CBRE advised Booking.com.