Hines has pre-let 14,250 sq ft of office space across three floors at its flagship mixed-use office and retail development The Burlian, in Mayfair, to an unnamed Asian multinational business.
The Orms Architects designed building, which was acquired by Hines European Value Fund 2 (HEVF 2) in February 2020, is currently undergoing a comprehensive refurbishment.
The Burlian will offer 33,000 sq ft of retail and office space and includes 118 cycles spaces spaces and 2,260 sq ft of amenity space.
The developer will retain 75% of the original building’s structure as part of the refurbishment and upon completion in Q3 this year Hines is targeting BREEAM Outstanding and SmartScore Platinum accreditations.
Jake Walsh, managing director at Hines UK, said: “We are delighted to have pre-leased three floors of the development to an established Asian multinational occupier ahead of expected completion in the third quarter of this year. This is testament to the quality of the office space being delivered with best-in-class amenity provision and strong ESG credentials in a prime Mayfair location.”
Hines was advised by Edward Charles & Partners and Knight Frank and Summit Property Advisors represented the tenant.
