Flurry of deals sees One Gresham Street fully let, EC2V

17 January 2017

International real estate advisor Savills, on behalf of Christ’s Hospital Foundation, has completed four deals at One Gresham Street in London, EC2V taking the office building to full occupancy within six months of the refurbishment being completed.

The five-storey building located on the corner of  Gresham Street and St Martin’s Le Grand totals 7,468 sq ft (693 sq m) of fully refurbished office space. Independent financial technology newswire, Finextra Research, has agreed to a new 5-year lease on the fifth floor while Semperian PPP Investment Partners, the UK infrastructure manager group, has agreed to a new 10-year lease on 1,458 sq ft (135 sq m) on the fourth floor. IFG Group PLC, the financial services provider, has agreed a 10-year lease on the second and third floors and  De Morgan & Co, the pan European property advisor, have agreed to take a 5-year lease on the first floor. A top annual rent of £75 per sq ft (£807 per sq m) has been achieved in the building.

James Gillett, director in the Central London team at Savills, comments: “One Gresham Street is superbly located at St Paul’s and provides high quality offices. The speed at which we have fully let the building and the rents achieved signals the quality of comprehensive refurbishment.”

BC Commercial represented Finextra Research Limited, IFG Group PLC was represented by ART Surveyors and Semperian PPP Investment Partners and De Morgan & Co were unrepresented.

 
 

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James Gillett

James Gillett

Director
Central London

Savills Finsbury Circus House

 

Kirsty Moseley

Kirsty Moseley

Associate Director
Commercial Marketing & Press

Savills Margaret Street

+44 (0) 207 409 8887