WALKIE-TALKIE TOWER SECURES SECOND TENANT
INSURANCE FIRM Kiln Group is poised to become the second tenant to sign up to Land Securities’ and Canary Wharf’s Walkie-Talkie tower, as a wave of insurance firms look to upgrade to new offices in the Square Mile. Kiln has gone under offer to take up 80,000 square feet on the lower four floors of the 37-storey building at 20 Fenchurch Street, due to be completed in 2014. It will pay a rent of more than £60 per sq ft. Last month insurer Markel became the first tenant to go under offer for around 80,000 sq ft.