GPE secures Fully Managed pre lets at City Tower

Great Portland Estates plc (GPE) has pre let the initial floor of its latest phase of Fully Managed workspace at City Tower, EC2, with a further floor under offer, reinforcing strong customer demand ahead of completion in early 2027.

The transactions total more than 4,300 sq ft and reflect continued demand from growth businesses in the software solutions and AI led sectors. They follow a series of recent lettings at City Tower, taking leasing activity to more than 20,000 sq ft so far this financial year.

The latest phase will convert a further 38,000 sq ft of space to GPE’s Fully Managed offer, supported by an enhanced arrival experience and a new gym as well as a dedicated Skyline Twenty One lounge and coffee bar.

Once complete, City Tower will provide around 80,000 sq ft of Flex space, making it one of the largest Fully Managed offerings of its kind in the City, close to Moorgate, Bank and Liverpool Street stations.

Simon Rowley, Leasing & Flex Workspaces Director at GPE, said: “Pre letting Fully Managed space ahead of completion is rare and a clear endorsement of both City Tower and the strength of our offer. We are seeing strong demand from customers seeking high quality, flexible workspace in the heart of the City, giving us real confidence in the building’s leasing trajectory.”

Toby Courtauld, Chief Executive

Stephen Burrows, Director of Investor Relations and Joint Director of Finance Yasemin Kiani, Senior Communications Lead Simon Rowley, Leasing & Flex Workspaces Director

FGS Global