Hyperion Insurance Group has placed 100,000 sq ft under offer at Helical’s One Creechurch Place, EC3.
Helical and the Healthcare of Ontario Pension Plan Trust Fund completed the 273,000 sq ft building at the end of 2016, but have as yet to secure a tenant.
In a trading update on 13 July, Helical said: “We have significant interest from a number of potential tenants interested in leasing space on the majority of this 273,000 sq ft building.”
It is understood Hyperion will pay around £65 per sq ft for the space and Helical will take on some of its existing leases as an incentive at 16 Eastcheap, EC3, where it occupies 30,600 sq ft, and Bankside House, SE1, where it occupies 11,000 sq ft.
Quoted rents at the building are £67.50 per sq ft for the seventh floor, with slightly lower rents for lower floors and slightly higher rents for higher floors.
The move will see Hyperion consolidate its London offices into the new space following its 2015 merger with RK Harrison.
HOOPP and Helical jointly funded the project on a 90:10 split, with Helical acting as development manager.
Savills advises Hyperion. Cushman & Wakefield, JLL, Ingleby Trice and Savills are joint leasing agents on One Creechurch Place.
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