The Hickman
16/11/2019 by Buildington

The Hickman topped out in October 2019 and Great Portland Estates expects to deliver the new 74,700 sq ft Grade A office and retail building in Q1 2020.

The building will be their most intelligent building to date. The integrated building App will deliver real-time data on occupancy, energy consumption, air quality, light and temperature to the developer and the occupiers, allowing better understanding of how the building is operating and being utilised.

Occupier interest in the building is encouraging and GPE is currently finalising terms with a partner to work with them to deliver a co-working offer for the basement, ground and first floors (together 16,000 sq ft).

Great Portland Estates is anticipating a profit on cost of 10.7% with average office rents across the building of around £51.55 per sq ft.

Source: Great Portland Estates in the results for the six months ended 30 September 2019.

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