Helical lets top floor at Old Street scheme
Helical has leased the top floor of The Tower, part of its Old Street scheme The Bower, EC1, to Finablr Venture Holdings, the owner of Travelex and UAE Exchange.
The 11,329 sq ft 17th floor has been taken by the company on a 10-year lease at a rent of £83 per sq ft.
Other tenants at the building include Infosys firm Brilliant Basics, which will occupy the 10th and 11th floors, online fashion retail platform Farfetch and WeWork. The Tower is now 70% let with just five of its 17 floors available to let.
Helical has leased the top floor of The Tower, part of its Old Street scheme The Bower, EC1, to Finablr Venture Holdings, the owner of Travelex and UAE Exchange.
The 11,329 sq ft 17th floor has been taken by the company on a 10-year lease at a rent of £83 per sq ft.
Other tenants at the building include Infosys firm Brilliant Basics, which will occupy the 10th and 11th floors, online fashion retail platform Farfetch and WeWork. The Tower is now 70% let with just five of its 17 floors available to let.
Gerald Kaye, chief executive of Helical, said: “Finablr has secured the superb top floor of The Tower, with unrivalled 360- degree views of London.
“It joins a strong line-up of tech, media and fashion occupiers at The Bower who have all been drawn to the community we’ve created and its exemplary design.
“Once again, Helical’s letting successes prove the underlying resilience of the right properties in the right locations.”
Located next to Old Street roundabout, The Tower provides 171,434 sq ft of office space and two ground-floor retail units, one of which has been let to Albion and East, the restaurant group behind Canova Hall and Martello Hall.
Helical was advised by Colliers and JLL. Finablr was advised by Belchak Corin & Co.
To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette
