Flight Centre, the global travel agency, has leased the entirety of the seventh floor on a ten-year term. Flight Centre will consolidate its existing Holborn and Southwark offices into one space, bringing its teams together at TIDE, moving into the building later this year. Flight Centre is a travel agency that offers packages for plane trips, holidays and cruises, among others, and is part of the Flight Centre Travel Group (FCTG), an Australian company which operates globally.

Recently named as a finalist in the 2025 British Council for Offices Awards, TIDE consists of 11 upper floors providing approximately 145,000 sq. ft of best-in-class office space, along with a ground floor retail unit. Occupiers of the building benefit from access to a wide range of amenities, including a substantial rooftop communal terrace with panoramic views overlooking the Thames and the City of London, which is part of a total of over 13,000 sq. ft of private and communal green spaces, as well as openable windows, cycle storage for 284 bicycles, 28 showers, and bicycle maintenance centre.

Designed by award winning architects Squire & Partners, TIDE is aiming for the highest environmental standards including net zero in embodied and operational carbon. The development features a BRE Design Reviewed NABERS 5 Star rating, EPC A rating, is BREEAM Outstanding pending, which would put it in the top 1% of the UK’s most sustainable buildings, and will outperform LETI 2025 upfront embodied carbon targets. It is WELL Platinum Design-enabled, has achieved WiredScore Platinum, and is targeting SmartScore Platinum certification.

This news follows the recent announcement by Barings and LBS of the launch of a flexible office operation within TIDE, known as NewFlex at TIDE, in partnership with NewFlex who have taken 32,000 sq. ft on parts of the lower ground, ground, first and second floors, to be known as NewFlex at TIDE.  Approximately 60,000 sq ft has now been let at TIDE, which will increase to over 80,000 sq ft on completion of transactions currently under offer.

Cushman & Wakefield, RX London and USP are letting agents on TIDE.

Ian Mayhew, Head of Real Estate Equity Asset Management – Europe at Barings, said: “We are delighted to attract another tenant to TIDE, which is setting the standard for central London offices. Alongside its excellent location in London’s thriving Southwark neighbourhood, TIDE boasts exemplar social and environmental sustainability features that have consistently been core to attracting the high calibre of occupiers we’ve so far agreed lettings with. We aim to continue this momentum and finalise further lettings in the coming months given the strong interest from occupiers seeking to take space in the building.”

Nick Crawford, CEO of LBS Properties Ltd, said: “The addition of Flight Centre to TIDE’s occupier mix, following the recent NewFlex letting and last year’s pre-let to Costello Medical, showcases the strength of the asset in TIDE Bankside and the compelling occupier market for truly best-in-class, ultra-sustainable, well-located office developments.”  

Steve Norris, Flight Centre Travel Group Managing Director, EMEA, said: “Our people are our number one asset and Flight Centre Travel Group has a rich history in delivering an excellent culture of collaboration and fun in the workplace.  We're proud to be amalgamating three of our offices into TIDE - bringing together more of our people in a high-class environment, and in such a great location, that will foster an even more close-knit family than we have now. The office will have teams from FCM Travel, Corporate Traveller, Flight Centre Brand, Scott Dunn, and a number of our support staff.  We're excited for the next London chapter in our 40-year journey of opening up the world for those who want to see."

Contacts
Ben Monteith/Tom Carnegie (SEC Newgate)
baringsRE@secnewgate.co.uk

Barings Real Estate
Barings Real Estate (BRE) is a part of Barings and offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers.  Follow us on LinkedIn at linkedin.com/showcase/barings-alternative-investments.

About Barings
Barings is a $421+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*As of December 31, 2024