GPE announces Broadwick Street lettings

Great Portland Estates has let 15,725 sq ft at its recently completed 30 Broadwick Street, W1. These lettings will generate a combined annual rent of £1.2m, 9.9% ahead of its March 2016 estimated rental value. After a prelet to the Ivy Soho Brasserie last June, the remaining 8,900 sq ft has been let to October’s Very Own, Nespresso and Bobbi Brown, at a combined rent of £437,500. Exponent Private Equity has let 6,825 sq ft of office space on an annual rent of £750,750, equating to £110 per sq ft. The building is now 68% occupied. To send feedback, e-mail alex.peace@egi.co.uk or tweet @egalexpeace or @estatesgazette