Rio Tinto signs up for new Paddington offices

International mining group will move to Two Kingdom Street

Article posted: 07 Apr 2011

Aviva Investors, Avestus Capital Partners and Development Securities have today announced that Rio Tinto, the leading international mining group, has taken a lease of 26,000 sq ft of office space in Paddington Central on the entire 6th floor at Two Kingdom Street.

Two Kingdom Street is already home to the global headquarters of AstraZeneca, the pharmaceuticals giant, who vacated their offices in Mayfair for larger more cost effective office space in Paddington.

AstraZeneca’s offices were officially opened in February by Mayor Boris Johnson who at the time commented: “This once derelict part of London has transformed itself into a thriving new business district providing quick access to the capital’s transport network, its airports and its centres of world class research.

“With Crossrail passing through Paddington in the near future, many more businesses will be heading west to reap the huge business benefits AstraZeneca has discovered in this fantastic corner of the capital."

Completed in 2010, Two Kingdom Street comprises of 230,000 sq ft net of prime office space and 22,000 sq ft of high-end studio space. Only 134,000 sq ft remains available.

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Posted by Sam