Knight Frank and Savills, the global property advisors, acting for Generali Real Estate (GRE), have leased 81,512 sq ft at Times Square,160 Queen Victoria Street, EC4.
The transaction raises the building’s occupancy to 94% let, underpinning the market demands for high-quality office assets in prime locations.
Located at 160 Queen Victoria Street, close to St. Paul’s Cathedral and the London Stock Exchange, Times Square comprises 370,000 sq ft of office space arranged over seven floors and will benefit from large terraces with panoramic views over St Paul’s Cathedral.
160 Queen Victoria Street will soon undergo refurbishment to improve environmental performance, energy efficiency and workplace quality, in line with GRE’s commitment to sustainability. Upon completion, due in Q2 2025, the renewed building will target BREEAM ‘Excellent’ and WELL ‘Platinum’ and EPC improvements and become compliant with CRREM following investment in new roof plant. In addition, 160 QVS will feature new amenities, including end-of-trip facilities to support smart mobility, roof terraces and a new reception area.
Alex Krivinskas, Asset Manager at Generali Real Estate, said: “We are delighted to have secured the transaction underlining the quality of the asset and upcoming refurbishment works. The refurbishment underlines GRE’s commitment to ESG and has been pivotal in our ability to secure the transaction. GRE are focused on creating high quality, future proofed, contemporary offices spaces which fully meet the needs of our tenants.”
Knight Frank and Savills are joint letting agents at Times Square, whilst JLL represented the tenant.
