GPE fully lets Carrington House offices, W1
Carrington House offices fully let at record rents of £105 per sq ft, 8.1% ahead of ERV.
vs expectations: ahead
- Fitted workspace leased 6,900 sq ft
- Rent achieved £105 per sq ft
- Ahead of ERV 8.1%
- Total office space converted to Fitted 8,800 sq ft
Select text to share a quote on X · sign in to keep highlights & notes in your GPE notes
GPE has fully let the office space at Carrington House, W1, after leasing more than 6,900 sq ft of Fitted workspace at record rents for the building of up to £105 per sq ft, 8.1% ahead of ERV.
Located in the heart of the West End, Carrington House is a prominent Grade II Listed building offering a range of amenities within immediate access to Mayfair and Soho. Over 8,800 sq ft of the total office space in the building was converted from Ready to Fit space into Fitted workspace, expanding GPE's Flex office portfolio.
Sophie Pearce, Senior Portfolio Manager at GPE, said: "Fully letting the offices at Carrington House at record rents demonstrates the strength of demand for quality, Fitted workspace in prime West End locations. Customers want flexible, well-located space that is ready to occupy, and the success of our c.2,000 sq ft Fitted workspaces highlights the appeal of our offer for growing businesses. This is another strong example of GPE responding to customer needs and delivering space that works for them."
| Great Portland Estates plc | +44 | (0) | 20 | 7647 | 3000 |
Toby Courtauld, Chief Executive
Stephen Burrows, Director of Investor Relations and Joint Director of Finance Yasemin Kiani, Senior Communications Lead Sophie Pearce, Senior Portfolio Manager
FGS Global
| James Murgatroyd & Gordon Simpson | +44 | (0) | 20 | 7251 | 3801 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.