AshbyCapital and Helical plc have agreed to a new 10-year lease at One Bartholomew, EC1, with financial services company, finnCap.
finnCap has taken the 19,609 sq ft 5th floor, which means the entire building is now fully let to a mix of high-quality companies within 12 months of completion and launch.
One Bartholomew has been developed by Helical on behalf of owners, AshbyCapital, and delivers 221,000 sq ft of new Grade A office space across 12 floors. Designed by Sheppard Robson, the offices benefit from floor-to-ceiling glazing which allows for stunning views of St. Paul’s Cathedral. The building has a BREEAM Excellent rating and has been finished to the highest standard.
Gerald Kaye, CEO of Helical, commented: “To have fully let One Bartholomew within twelve months of completion and launch is an excellent result and testament to the quality of the building and the fantastic environment we have created at Barts Square.”Peter Ferrari, CEO of AshbyCapital, added: “We are delighted the building is fully let at rents significantly beyond our initial expectations to provide an excellent addition to our growing portfolio of high-quality assets.”
Sam Smith, CEO of finnCap, said: “We are excited to be moving into a building of the quality of One Bartholomew Close. We are confident that this will give a strong impression to our clients and a great working environment for our staff, in a very convenient location with excellent transport links and the forthcoming opening of Crossrail.”
One Bartholomew has proved to be popular with a diverse range of businesses attracted to the quality, design and environmental credentials of the building together with its strong location. Other tenants at the building include BDB Pitmans, InfraRed Capital Partners, The University of Chicago Booth Business School, Sopra Steria and The Trade Desk UK.
AshbyCapital and Helical were advised by Savills, Ingleby Trice and CBRE. Cummings Commercial advised finnCap.
29/01/2020 17:19 by Buildington
AshbyCapital and Helical plc have agreed a new 15-year lease at One Bartholomew with InfraRed Capital Partners.
The leading global investment manager focused on infrastructure and real estate, InfraRed will take the whole of the 7th floor at One Bartholomew which totals 19,609 sq ft of space.
Gerald Kaye, Chief Executive at Helical, said: “One Bartholomew has already gained an outstanding reputation and this is borne out by the high calibre of tenants we are attracting. We are very pleased to welcome InfraRed to the building who are an expanding internationally recognised business. There are still high levels of demand for quality office space in London and Barts Square’s prime location in the heart of the City delivers this as well as extensive public realm improvements, excellent transport links and restaurant offerings.”
Werner von Guionneau, Chief Executive at InfraRed Capital Partners, added: “Helical has successfully completed a visionary project that provides Infrared with a perfectly suited setting for the realisation of our own corporate ambitions. The building meets our high expectations for sustainability and provides space that will accommodate a state-of-the-art collaborative working environment. Being an investor in infrastructure and real estate we are particularly sensitive to the connectivity of locations and One Bartholomew combines one of the best transport connections in London with an inspiring and vibrant evolving neighbourhood.”
This latest letting at One Bartholomew follows the 15-year lease agreement with the University of Chicago Booth School of Business signed in April to take 43,000 sq ft of space, where it will create a new facility for its European campus.
Trade Desk Inc., the global technology company, has taken the top four floors, comprising 74,210 sq ft., meaning that only 77,000 sq ft over four contiguous floors remains available at the building.
Helical and AshbyCapital were advised by Savills, Ingleby Trice and CBRE. Knight Frank represented InfraRed.
07/05/2019 20:20 by Buildington
One Bartholomew is currently 35% let following the letting of the top four floors, including an additional floor during the Period, comprising 74,210 sq ft, to the Trade Desk Inc.
Source: Helical plc trading update for the period 1 October 2018 to 28 March 2019 helical.co.uk.
03/04/2019 10:45 by Buildington
Helical, the property investment and development company, and its partner AshbyCapital, the property investment advisory company, have launched One Bartholomew, their new 12-storey office building in London’s Farringdon, close to the new Elizabeth Line station.
One Bartholomew is the latest completed element of Barts Square, a new mixed-use quarter in the heart of London. The 215,000 sq ft grade A office building offers 19,000 sq ft floorplates with high levels of natural light, 336 cycle storage spaces, luxury changing rooms with high-quality showers and drying rooms, and an expansive double-height reception featuring a unique neon lighting installation that spells out One Bartholomew in barcode. Designed by award-winning architects Sheppard Robson, the building has views of St Paul’s Cathedral to the south and looks out over the tranquil new square created as part of the wider Barts Square development, where new restaurants Lino and Stem + Glory have recently opened.
Gerald Kaye, Chief Executive of Helical, commented:
“With the completion of One Bartholomew, two new restaurants now open and homes continuing to see strong interest, it is exciting to see Barts Square coming to life. Located at the heart of London, where the City meets creative Clerkenwell, Farringdon has a unique character. It is steeped in history, with the iconic Smithfield market and the oldest standing church in London; it is on the culture mile, close to the Museum of London, Guildhall School of Music & Drama, Barbican Centre and planned new concert hall; and has a wealth of vibrant bars and restaurants for those living and working in the area to enjoy.” Peter Ferrari, Chief Executive of
“Having previously invested in this area, we know how popular it is with a range of occupiers, and this is only set to intensify once Crossrail arrives. With great transport links from Farringdon, Barbican and St Paul’s stations already, and the kind of thoughtful, tenant-focused amenities that occupiers of our buildings have come to expect, One Bartholomew is an exceptional building in an increasingly sought-after location. The Trade Desk’s pre-let of three floors is testament to the building’s quality; there is strong interest in the remaining space and we look forward to announcing further tenants soon.”
David Taylor, partner at Sheppard Robson, said:
“Architecturally, the building stands as a simple but finely detailed form that marks the step change in size between the edge of the conservation area and the larger developments of the City behind. The building’s scale and iridescent facades mark the arrival of a major new development and public space that form a key part of the wider Barts Square project.”
24/01/2019 21:34 by Buildington
AshbyCapital and its development partner Helical have completed their first pre-let at One Bartholomew as The Trade Desk takes 55,000 sq ft in the development.
The Trade Desk is taking the top three floors, including the tenth-floor terrace. The company is moving from its current base on Farringdon Road.
The deal comes ahead of the building’s completion later this year. One Bartholomew will offer efficient and flexible floorplates, typically of 19,000 sq ft, within a Grade A office building designed by award-winning architect Sheppard Robson.
Peter Ferrari, Chief Executive at AshbyCapital, commented:
“This significant pre-letting to a global media tech company several months before completion is testament to the wide ranging demand for high-quality office space close to the new Elizabeth Line station at Farringdon. With a wide and growing range of amenities excellent transport links – and a creative vibe, this is London’s new neighbourhood in which we are creating a first-rate new office building.”
Gerald Kaye, Chief Executive of Helical, added:
“It is exciting to welcome the first office occupier to our Barts Square development as this new mixed-use destination takes shape. Combining homes, retail and office space with landscaped public areas, this is set to be a fantastic new place to live, work and spend time at the heart of one of London’s most vibrant locations.”
Agents for One Bartholomew are CBRE, Savills and Ingleby Trice. DeVono Cresa represented The Trade Desk.
06/07/2018 21:44 by Buildington
One Bartholomew Close - a 213,000 sq ft office building in London EC1 - new on Buildington!
24/04/2017 15:42 by Buildington