Mon 3 September 2018, Property Week
Europa Capital, in partnership with Hobart Partners, has pre-let two floors totalling 30,000 sq ft at its Fetter Yard office scheme in London’s Midtown to hotel chain Marriott International.
The hospitality company has signed a new 15-year lease to move to the office, which will be home to its Europe continent division.
Fetter Yard, at 86 Fetter Lane, will provide more than 100,000 sq ft of refurbished space and was acquired by Europa Capital in 2016 for Europa Fund V, in partnership with Hobart Partners.
James Fortescue, partner at Europa Capital, said: “Marriott International’s long-term commitment to this building demonstrates how innovative the new office design will be. We look forward to now repositioning this attractive building, which will provide our future tenants with a modern working environment.”
Sas Bhadra, partner at Hobart Partners, added: “The fact that the world’s leading hotelier has committed to our building as their European headquarters, notably prior to their lease expiry date, is a testament to the excellent location and the high-quality product we intend to create.”