Marriott International has entered into a new lease for its European headquarters at 86 Fetter Lane, London EC4.
Europa Capital, in partnership with Hobart Partners, has pre-let the two floors on a new 15 year lease.
In October 2016, Europa and Hobart originally acquired the site from TH Real Estate, for around £60m, and Marriott was the main tenant then.
The fully refurbished building will offer a new spacious double fronted reception, which is to include co-working areas, informal and formal meeting facilities, and access to a newly landscaped courtyard for occupiers and the general public to enjoy. Cycle bays, showers and changing facilities will also be provided at basement level.
James Fortescue, Partner at Europa Capital, commented, “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, said, “We are delighted to secure the commitment of Marriott International, who have been a long-standing tenant in the building. 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.”