Helical has signed existing tenant Hyperion Insurance Group for an extra floor at One Creechurch Place, EC3, meaning that the 17-storey office scheme is now 100% let.
Hyperion will be the largest occupier at the building. It has taken the 16,000 sq ft fourth floor on a 15-year lease.
Following this letting, Hyperion will occupy a total of nine floors, totalling 147,921 sq ft.
The 272,505 sq ft multi-let complex is now let to seven different companies from the insurance and tech industries, including Dell, Softcat, Travelers and Enstar.
The building was developed by Helical with the City of London in joint venture with Healthcare of Ontario Pension Plan, which saw the companies jointly fund the project in a 90:10 split, with Helical acting as development manager.
As a result of the latest lease agreement, Helical will receive the balance of its profit share and its equity stake in the project will be returned for reinvestment into other opportunities.
Gerald Kaye, chief executive of Helical, said: “The culmination of this successful letting campaign for One Creechurch Place shows clearly that there is always demand for the best-located and highest-quality office developments, whilst the draw of London to global businesses remains strong.
“Working in joint venture with HOOPP and the City of London allowed us to deliver a spectacular flagship building and we are very proud to have completed the lettings with a strong line up of occupiers.”
Savills acted for Hyperion. The City of London, Helical and HOOPP were advised by Cushman & Wakefield, Ingleby Trice, JLL and Savills.
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