London & Oriental has completed the first letting at Buckingham Green.
The independent European private equity firm Novalpina will occupy the fourth floor within The Caxton at Buckingham Green, which extends to 4,341 sq ft and has a private roof terrace. The firm has agreed to a 10-year lease.
Mark Cannell, partner, London & Oriental, commented: “Securing the first occupier as we launch Buckingham Green is the perfect way to demonstrate its appeal. We have sought to create a new location between Victoria and St James’s that is able to build on the significant transformations and large-scale developments delivering new office accommodation and improved amenity, to make the area one of the most desirable new locations for occupiers.”
Freddie Corlett, director in the West End office agency team at Savills, said: "Novalpina were searching for something really very special and ultimately that led them to Buckingham Green where they fell for the architecture, amenity and the highest quality finishes. In a market that is very undersupplied, this sort of migration from the core is becoming a common theme as tenants seek out the best space.”
JLL and Savills are the leasing agents at Buckingham Green; Novalpina was represented by Crossland Otter Hunt.