Arbor is now 75% let, with global maritime freight firm Veson Nautical taking 13,500 sq ft of office space

Move comes as Veson Nautical accommodates a growing UK business while remaining in the Bankside neighbourhood

Maritime technology company to become Arbor’s fourth addition of 2024, joining Flutter, Wipro and Merlin Entertainments, demonstrating strong market demand for high quality space on the Southbank.

This most recent letting takes Arbor to over 75% let or under offer.

Veson Nautical (Veson), is to become the latest occupier of Arbor, Bankside Yards – the flagship office building within Native Land’s £2.5 billion mixed-use regeneration project on the south bank of the River Thames, close to the Tate Modern and adjacent to Blackfriars station.

The global market leader of maritime freight management solutions joins a diverse range of occupiers at Arbor that includes: the multinational technology and consultancy Wipro; industrial technology business Smiths Group plc; The Carbon Trust; Merlin Entertainments; FTSE 50 listed Flutter Entertainment and the law firms Lewis Silkin and Winckworth Sherwood.

Boston-headquartered Veson has been making waves in the global shipping sector, with a series of strategic company acquisitions over the past 36 months. Arbor provides this innovative company with high quality space to consolidate and scale-up its operations while remaining within the Bankside neighbourhood of central London, which benefits from an unrivalled lifestyle offer and exceptional transport connections.

Veson will occupy the 12^th floor of Arbor, taking 13,521 sq ft of office space which has a private on floor south-facing terrace. The space benefits from Arbor’s full height 3×3 metre window bays that flood the interior with natural daylight, and place 95% of the workspace area within 7 metres of a window. A spectacular view of the River Thames and central London is enhanced by the ultra-clear low iron glass of Arbor’s energy-efficient triple-glazed façade.

Arbor is one of the few newly completed, ESG-focused, prime office buildings in the central London market. The 222,000-sq-ft next generation workspace is now over 75% let or under offer to a range of global occupiers, setting a new benchmark for the South Bank market.

Alasdair Nicholls, Chief Executive of Native Land, said:

“Arbor is an outstanding new-era office building. It consistently demonstrates the appeal of the high-quality environment we are creating at Bankside Yards. This, coupled with the peerless connectivity and amenity on offer in the Bankside neighbourhood, is hugely attractive to the world’s leading companies. Bankside Yards is rapidly becoming an extraordinary district within one of London’s most exciting and culturally rich neighbourhoods – we’re delighted to welcome Veson to join this community.”

Sean Bridgeo, Chief Financial Officer at Veson, said:

“We are thrilled to be moving into Arbor at Bankside Yards, a development that perfectly aligns with our commitment to innovation and sustainability. This new space not only allows us to accommodate our growing team but also places us in a dynamic and culturally rich area of London. We look forward to continuing our growth and contributing to the expanding vibrant community at Bankside Yards.”

As part of the wider 1.4 million sq ft Bankside Yards development, Arbor will use 100% electrical power from renewable sources, and be part of a 5th Generation energy sharing network, of a scale unprecedented in the UK, which will deliver reductions in energy use and enable the site to achieve net zero carbon in operation.

Bankside Yards is one of the most significant placemaking developments underway in central London. It comprises a world-class mix of prime riverside residential, headquarters workplace, 5-star hospitality space and exceptional amenities, on a scale that reflects the site’s strategic location in a global gateway city.

Designed by PLP Architecture in conjunction with Stiff and Trevillion, Arbor provides 19 storeys of office accommodation. A dedicated floor for wellness amenities includes more than 300 cycle and scooter spaces and a multi-purpose exercise room, together with top quality end-of-journey facilities.

Ingleby Trice and Knight Frank are leasing agents for Arbor. SHB Real Estate acted as the tenant representative for Veson.

Native Land is co-investing joint venture partner in Bankside Yards, alongside Temasek, Amcorp Properties Berhad and Hotel Properties Limited of Singapore.