British Land secures robotics AI firm for London ‘innovation’ cluster
British Land and Royal London Asset Management have secured robotics startup Humanoid as a major new tenant at One Triton Square in London’s Regent’s Place, marking a significant milestone in the city’s burgeoning AI and technology property market. Humanoid has leased 42,000 square feet, pushing the building’s occupancy to 94 percent just six months after completion. This deal underscores the rapid growth of AI and robotics firms in London, particularly around key innovation hubs like King’s Cross and Regent’s Place, where companies such as OpenAI, Anthropic, Google DeepMind, and Meta have expanded their operations. Founded in 2024, Humanoid specializes in developing general-purpose humanoid robots designed for industrial applications, including manufacturing. The company’s arrival at One Triton Square adds to a growing cluster of science and technology businesses, including AI giant Anthropic, already based in the building. Industry estimates from CBRE suggest that the AI and robotics sector could occupy up to 4 million square feet of London office space by 2033, nearly tripling the current 1.5 million square feet. This surge reflects a broader trend of technology firms seeking premium office space to access talent and foster innovation within collaborative ecosystems. Executives from British Land and Royal London Asset Management emphasize the importance of creating vibrant innovation communities that support growth and partnership opportunities. Humanoid’s COO, Thomas Shepherd, highlighted the benefits of being part of a technology cluster that encourages collaboration and advances in robotics and AI. The expansion of AI-related tenants is reshaping London’s office market, with companies now accounting for a significant portion of portfolios like Great Portland Estates, where AI firms represent nearly 18.5 percent of office tenants and over a quarter of flexible workspace users. Despite concerns about an AI bubble, industry leaders remain confident in sustained demand for high-value locations driven by the sector’s rapid growth and evolving technological landscape.
Original story by City AM • View original source
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