30 Broadwick Street construction work completed in November delivering the only new build office completion in the Soho market in 2016, reports Great Portland Estates.
Letting interest in the building has been strong and in June GPE pre-let the 7,950 sq ft restaurant unit to The Ivy Soho Brasserie on a 20 year term (no breaks) paying an annual rent of £658,000.
In September, the third floor (14,600 sq ft) was pre-let to EQT, the European private equity business, on a 15 year term (break at ten) paying annual rent of £1.3 million.
The building is 25% pre-let and today GPE has a further two office floors and all the remaining retail space under offer (34,500 sq ft) with good interest in the remainder (35,550 sq ft).
Source: Great Portland Estates plc half year results, six months ended 30 September 2016.