GPE Regulatory News (GPE)

10 July 2023

GPE completes office leasing at The Hickman, E1, with latest office deal to TPXimpact

Great Portland Estates plc (GPE) today announces that it has completed the leasing at The Hickman on Whitechapel Road, E1 after letting the remaining office space to digital transformation company TPXimpact. 

TPXimpact will occupy 6,757 sq ft on the second floor on a Fitted basis with a five-year lease, with an option to break at year three. TPXimpact is a digital transformation company, working across data, technology, experience, and design, to transform the digital footprint of its clients across public, private and third sectors.

Recent lettings in the building also include:

· New Look, who will occupy the offices on the third and fourth floors (23,242 sq ft) on a Fitted basis committing to ten-year leases with an option to break at year seven. New Look is an existing GPE customer and will take occupation at The Hickman after vacating 35,860 sq ft at Wells & More, W1, which will provide GPE with the opportunity to refurbish and re-lease the space; and

· Goodlord, who after moving from a nearby location, now occupy the remainder of the second floor (4,638 sq ft) on a Fitted basis and a 37-month term. Goodlord raised £27 million of funding to fuel its expansion last year and has recently purchased the onboarding firm, Halo, which offers an app for tenants to track their move-in progress.

We look forward to welcoming the new occupiers to the building who will join Runway East and Four who are already in occupation.

The Hickman is a seven-storey building that has undergone an extensive refurbishment to provide 75,300 sq ft of repositioned office space. In 2021, The Hickman was named the world's first SmartScore 'Platinum' rated building, having been recognised for its use of market-leading technology and sustainable credentials.

Rob Russell-Smith, GPE Senior Portfolio Manager added: "We are delighted to have New Look, Goodlord and TPXimpact join the GPE community at The Hickman. These three lettings highlight both the quality of the building and the growing commitment of businesses to this area - and they are strong endorsements of our Fitted product.

"It is also fantastic to see The Hickman now at 100% occupancy. The fact that New Look, Runway East and Four were all existing GPE customers is testament to the strength of our relationships and the quality of our products."

For further information see www.gpe.co.uk or follow us on Twitter at @GPE_plc

LEI Number: 213800JMEDD2Q4N1MC42