Inside Crown Estates and Oxford Properties' £400m St James's Market development.

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Investment firm becomes latest letting at landmark St James's scheme

The Crown Estate and Oxford Properties have sealed another new tenant at their upmarket St James’s Market development with TowerBrook Capital Partners signing on for office space at the scheme.

The investment firm has agreed to take 16,500 sq ft on the third floor of 1 St James’s Market, meaning the development is now 75% let.

It follows the signing of two international firms last month, including energy company SOCAR Trading who will locate their UK Headquarters to 2 St James’s Market, and both Formula 1 and The Carlyle Group who have both agreed to set up their global HQs at the development in London’s West End.

Oliver Smith, on behalf of the St James’s Partnership, commented: “With this move, TowerBrook Capital Partners reaffirms its commitment to St James’s and we’re delighted to welcome the headquarters of another international firm to St James’s Market.

“This letting further reinforces the reputation of St James’s Market as the new destination for business in the heart of London’s West End.”

Total letting at the 260,000 sq ft commercial development now encompasses 191,500 sq ft, including the aforementioned big name business, all seven restaurant units at the scheme and five of the six retail stores, including Aspinal of London and ASSOS.

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