The publisher of Marie Claire and NME has put its London headquarters, the Blue Fin building near Tate Modern, up for sale with a price tag of more than £400m.

Time Inc is expecting a premium price for the property, which it describes as a “marquee” building, and intends to remain a tenant following the sale.

Time Inc, which employs 1,700 people in the UK, takes up almost half of the Blue Fin building.

“We are announcing that we have listed for sale the Blue Fin building, our principal executive offices in the UK,” the company said in its first quarter results report. “This approximately 500,000 square foot property is a marquee building in central London. We expect that Time Inc UK, which currently occupies approximately 228,000 square feet in the building, will remain a tenant following any sale.”

The building has featured in films including Salmon Fishing in the Yemen and BBC spy drama Spooks.

Time Inc UK, which bought the Blue Fin following its completion in 2007, refused to comment on the potential sale price.

However, in 2013, neighbouring office blocks, known as Bankside 2 and 3 and the flagship offices of Royal Bank of Scotland, sold for £315m.

The Blue Fin, originally known as Bankside 1, was built as part of a development of the area by Land Securities.

Land Securities sold Bankside 2 and 3, as well as its retail holdings in the Blue Fin, to MG Real Estate.