16 Dufour's Place, W1 now 71% let after refresh
16 Dufour's Place, W1 reaches 71% occupancy after refurbishment with new lettings generating £2.38m annual rent.
vs expectations: ahead
- Occupancy at 16 Dufour's Place, W1 71%
- Annual rent from new lettings £2.38 million
- New lettings area 9,312 sq ft
- Rent per sq ft £256
- Performance vs March 2026 ERV 1.1% ahead
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Great Portland Estates plc has completed four new leases at 16 Dufour's Place, W1, one of its prime West End Fully Managed buildings, located in the heart of Soho. The refurbished space is now 71% let, leaving just two office floors available. The 9,312 sq ft of lettings will generate £2.38 million of annual rent at £256 per sq ft, 1.1% ahead of March 2026 ERV.
Following the relocation of two customers to GPE's 141 Wardour Street, W1, totalling around 6,000 sq ft, GPE has transformed the ground floor amenity space at 16 Dufour's Place to enhance the customer experience while preserving the building's distinctive Soho character. The upgraded communal areas include a larger 20-person boardroom, breakout areas, lounge and self-serve coffee bar, and improved outdoor space.
David Korman, Head of Flex Leasing at GPE, commented: "The pace of leasing at Dufour's Place demonstrates the strength of demand for our Fully Managed offer in prime locations. Customers are looking for high-quality workspace, excellent amenities and flexible terms, and 16 Dufour's Place is delivering exactly that."
| Great Portland Estates plc | +44 | (0) | 20 | 7647 | 3000 |
Toby Courtauld, Chief Executive
Stephen Burrows, Director of Investor Relations and Joint Director of Finance David Korman, Head of Flex Leasing Yasemin Kiani, Senior Communications Lead
FGS Global
| James Murgatroyd & Gordon Simpson | +44 | (0) | 20 | 7251 | 3801 |
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