Demand drives 170 Piccadilly past 73% let

Summary by AI BETAClose X

Great Portland Estates plc has announced that 170 Piccadilly is now over 73% let or under offer, following the letting of over 6,200 sq ft. A facilities management company has taken 1,644 sq ft on the sixth floor East, and a global automotive technology company has leased 4,585 sq ft on the fourth floor. These lettings were achieved at an average rent of £294 per sq ft, which is 5.9% ahead of the estimated rental value, indicating strong demand for the Fully Managed offer.

Disclaimer*

Great Portland Estates PLC
07 May 2026
 

07 May 2026

 

Strong demand for GPE's Fully Managed offer takes 170 Piccadilly, W1 past 73% let

 

Great Portland Estates plc (GPE) has today announced the letting of over 6,200 sq ft at 170 Piccadilly, W1 bringing the Fully Managed development to over 73% let or under offer.

 

A facilities management company will take 1,644 sq ft on the sixth Floor East and a global automotive technology company will take 4,585 sq ft on the fourth floor. The space has been let 5.9% ahead of ERV, at an average rent of £294 per sq ft.

 

Situated on one of London's most iconic streets, 170 Piccadilly W1 provides a stunning workplace which brings together heritage and premium workspace design, whilst honouring the building's Grade-II listed status.

 

Anna Tweed, Flex Leasing Manager, commented: "Reaching over 73% occupancy at 170 Piccadilly is a clear sign of the momentum behind our Fully Managed offer. Demand continues to be driven by the building's exceptional quality, central location and the flexibility we provide our customers. With strong interest ongoing, we're confident in maintaining this positive leasing momentum across the wider Piccadilly Estate."

 

Great Portland Estates plc

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7647

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Toby Courtauld, Chief Executive







Stephen Burrows, Director of Investor Relations and Joint Director of Finance

Yasemin Kiani, Senior Communications Lead

Anna Tweed, Flex Leasing Manager









FGS Global







James Murgatroyd & Gordon Simpson                                   

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For further information see www.gpe.co.uk or follow us on X at @GPE_london

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