Great Portland announces two more Soho lettings

Great Portland Estates has let a further 25,200 sq. ft. of office space in its recently completed development at 30 Broadwick Street, London W1.

The 10,600 sq. ft. fifth floor has been let to UK gaming company Jagex, while the 14,600 sq. ft. second floor has been let to BCG Digital Ventures, a corporate innovation, incubation and investment arm of The Boston Consulting Group.

Between them, the lettings equate to a cumulative rent of £2,416,090 a year, which is 3.3% ahead of the March 2016 estimated rental value.

Jagex and BCG join European private equity business, EQT, who pre-let the third floor earlier this year, leaving 34,900 sq, ft. available on the first, fourth and sixth floors to let.

Executive director Neil Thompson said: “We are delighted to build on our recent leasing success with two further high quality endorsements of this excellent Soho development. Despite only completing the building this month, we have already secured over 55% of the scheme's gross development value - a figure we expect to improve on in the near future."