Aberdeen Investments has pre-let the 12,822 sq ft Wigmore Yard development in London’s West End to wealth management firm TrinityBridge on behalf of the Standard Life Pooled Pension Property Fund.
Located at 42 Wigmore Street, the building will become TrinityBridge’s new London headquarters and is being comprehensively refurbished to cater to modern office occupiers, with the addition of new end-of-trip facilities, a landscaped courtyard and several roof terraces. The rent achieved was £105/sq ft and the lease term is 10 years.
David Stewart, fund manager at Aberdeen Investments, said: “We are extremely proud of what we have achieved at Wigmore Yard, a truly hidden gem on one of Marylebone’s main streets and are delighted it will be the new London Headquarters for TrinityBridge. This letting also marks another key success for the fund, reflecting our experience in providing sustainable buildings of exceptional quality in prime locations.”
Eddy Reynolds, CEO of TrinityBridge, which was formerly known as Close Brothers Asset Management, added: “We are delighted to announce our new headquarters in Marylebone. This move, which marks the next milestone in our journey as an independent business, will help to shape the future development of our business, providing a state-of-the-art office space for our colleagues and also a welcoming and relaxed space for our clients, who continue to be the core to our business. We can’t wait to welcome them to Wigmore Yard.”
