First prelet signed at Hanover Square

Italian menswear brand Canali has signed a prelet for the first shop at 64 New Bond Street, W1, which is owned by a joint venture between Great Portland Estates and the Hong Kong Monetary Authority. Canali has agreed a 10-year lease for 5,014 sq ft over three floors. 64 New Bond Street is part of the Hanover Square mixed-use development, which will provide 167,200 sq ft of grace-A offices, 33,500 sq ft of retail space, a 8,300 sq ft restaurant and six flats totalling 12,200 sq ft once completed. Glencore and KKR have prelet 111,000 sq ft of office space