One Newman leasing update

RNS Number : 4710G

Great Portland Estates PLC

30 March 2022

 

30 March 2022

Global Investment Firm chooses GPE's One Newman Street for its new European HQ

GPE has today announced that a global investment firm will occupy the fourth floor of One Newman Street for its new European headquarters. The investment company has committed to a 10-year lease for 13,800 sq ft of prime office space in line with September 2021 ERV and is due to move into its new workspace later this year.

One Newman Street comprises 37,900 sq ft of retail space located at 70/88 Oxford Street and offers 81,200 sq ft of prime office space with a large communal 8^th floor roof terrace. The offices are serviced by GPE's smart workplace app, sesame ^® , allowing customers to benefit from features such as contactless access, environmental controls and an online concierge.

Richard Carson, Leasing Manager at GPE, added: "We are delighted that this global investment firm has chosen One Newman Street for their new European headquarters. The transaction has demonstrated the increasing appeal of best-in-class workspace delivered by a partner that places a high value on sustainability, technology and customer service. We look forward to welcoming them to their new offices later this year."

Knight Frank and Colliers acted on behalf of GPE. Avison Young acted on behalf of the global investment firm.  

Contact details

Great Portland Estates plc	+44	(0)	20	7647	3000
Toby Courtauld, Chief Executive
Simon Rowley, Director of Office Leasing and Flex
Richard Carson, Leasing Manager
Stephen Burrows, Director of Financial Reporting & IR
Finsbury Group
James Murgatroyd	+44	(0)	20	7251	3801
Gordon Simpson

For further information see www.gpe.co.uk or follow us on Twitter at @GPE_plc

LEI Number: 213800JMEDD2Q4N1MC42

 

END

 

 

MSCBKLLLLXLFBBF