The Portman Estate intends to relocate its 80-strong team to the estate’s new flagship One Great Cumberland Place development in January 2025.
The estate has agreed a 15-year lease on the 8,400 sq ft fourth floor of the recently redevelopment building, which is located next to Marble Arch.
Designed by architecture firm AHMM, the 59,331 sq ft BREEAM Excellent-rated building has an ultra-modern interior behind a retained art deco façade.
Oliver Fenn-Smith, chief executive of The Portman Estate, said: “This is an invigorating moment for The Portman Estate, with a move into one of our own direct developments located in a strategically important part of the estate. One Great Cumberland Place is an exceptional scheme that meets ambitious sustainability credentials and offers high-spec Grade A office space behind an iconic Art Deco façade. It’s a building which that embodies our vision of continued evolution and reflects how central sustainability is to our strategy.”
The building’s two remaining floors are being marketed by CBRE and Cushman & Wakefield.
