back INFRARED MAKES CITY MOVE TO ONE BARTHOLOMEW, EC1

AshbyCapital and Helical plc, one of London’s leading property developers, have agreed a new 15 year lease at One Bartholomew, EC1, with InfraRed Capital Partners.

A leading global investment manager focused on infrastructure and real estate, InfraRed will take the whole of the seventh floor at One Bartholomew which totals 19,609 sq ft of space.

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 brilliant views of St. Paul’s Cathedral. With 338 bicycle racks, 17 showers, 338 lockers, a WiredScore Platinum rating and Amazon lockers, Helical and AshbyCapital have ensured the requirements of modern tenants are met fully.

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 2020. Independent restaurant operators Wright and Bell, operating as Lino, recently opened to excellent critical reviews and has already established itself as a popular addition to the estate. Award winning vegan restaurant, Stem + Glory, also recently launched and Halfcup, which serves all day brunch, will be opening soon.

Gerald Kaye, Chief Executive at Helical, commented: “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, commented: “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.

For further information please contact:

Helical
Gerald Kaye
Tel: 020 7629 0113

FTI Consulting
Dido Laurimore/Richard Gotla/Andrew Davis
Tel: 020 3727 1000
schelical@fticonsulting.com