AshbyCapital and Helical plc, one of London’s leading property developers, have agreed 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 roster 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.
Barts Square is a three-acre, mixed use development located between St Paul’s and Smithfield. Comprising 236 high quality apartments, circa 250,000 sq ft of contemporary office space over three buildings and 10 retail and restaurant units, Barts Square is the creation of a genuine new urban quarter in this charming location. It is also a short walk from the new Farringdon East Elizabeth Line (Crossrail) station, due to open in 2021. Independent restaurant operators Wright and Bell, operating as Lino, award winning vegan restaurant, Stem + Glory, and Halfcup, the all day brunch restaurant are also located around the main square.
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, commented: “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.
For further information please contact:
Gerald Kaye/Tim Murphy
Tel: 020 7629 0113
Dido Laurimore/Richard Gotla/Andrew Davis
Tel: 020 3727 1000