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RNS Number : 6944Z Great Portland Estates PLC 09 April 2026
9 April 2026
GPE completes leasing campaign at SIX St Andrew Street, EC4
Great Portland Estates plc (GPE) has today announced the letting of the final
remaining office space at SIX St Andrew Street, EC4, completing leasing at the
Fully Managed development.
The third and fourth floors of the building, totalling 11,680 sq ft, have been
let to an AI company. As a result, the building is now fully occupied,
generating £8.8 million of annual rent at an average of £200 per sq ft, 6.2%
ahead of ERV, delivering a 6.2% yield on cost. AI-related customers now
represent 11.7% of GPE's total office portfolio or 25.2% of its Fully Managed
offices.
This letting reflects the strong momentum in GPE's Fully Managed portfolio,
where leasing activity accelerated during the final quarter of the financial
year, supported by record levels of viewings and enquiries, with 19 deals
completed and a further seven currently under offer.
Located in Farringdon, SIX St Andrew Street, offers eight floors of newly
refurbished Fully Managed office space ranging from 1,200 to 5,800 sq ft,
complemented by high quality shared amenities including a communal lounge and
boardroom, rooftop terrace, and a wellness studio.
Molly Maguire, Senior Flex Leasing Manager, commented: "Completing the leasing
campaign at SIX marks a great milestone for our Fully Managed portfolio.
Demand continues to be driven by customers looking for high quality, flexible
workspace in well-connected central locations, and SIX has proven to be an
excellent example of how that proposition resonates."
Great Portland Estates plc +44 (0) 20 7647 3000
Toby Courtauld, Chief Executive
Stephen Burrows, Director of Investor Relations and Joint Director of Finance
Yasemin Kiani, Senior Communications Lead
Molly Maguire, Senior Flex Leasing Manager
FGS Global
James Murgatroyd & Gordon +44 (0) 20 7251 3801
Simpson
For further information see www.gpe.co.uk or follow us on X at @GPE_london
LEI Number: 213800JMEDD2Q4N1MC42
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