As availability in the Victoria area of the West End continues to be squeezed, an offer has been made by Threadneedle Investments for the building at 1 Neathouse Place, near Victoria station. The building is currently the headquarters of the global mining company BHP Billiton, with part of its 117,000 square feet of space also dedicated to retail, currently a branch of Argos. The main tenant accounts for 94% of the income from the building.