Land Securities has appointed Savills to work alongside DTZ on the leasing of the remaining 205,000 sq ft of office space at its One New Change development in the City of London.

The 550,000 sq ft mixed-use development is on schedule for completion in October this year with over a third of the office space pre-let to K&L Gates and approximately half of the retail space either let or reserved to retailers including Hobbs, H&M, Topshop and Marks and Spencer.

Commenting on the Savills appointment, Graham Hayman, director of London Leasing said: 'It has always been our plan to market the office space at One New Change closer to its completion when we anticipated an improvement in market conditions. We have seen an upturn in City rental levels in recent months and an increase in occupier interest for new space and we therefore want to ensure that we capture these positive market sentiments ahead of the development’s practical completion in the Autumn.'

The DTZ team is led by Tim Plumbe and the Savills team will be led by Phillip Pearce and Peter Thursfield. Their appointment is effective immediately. The retail leasing agents are Knight Frank and CBRE.