GPE confirms Glencore prelet at Hanover Square

Great Portland Estates has confirmed it has prelet 53,900 sq ft of offices at its Hanover Square development in Mayfair, W1, to natural resource company Glencore UK. It will occupy the second to fourth floors of 18 Hanover Square on three separate 20-year leases, without breaks. GPE, which is developing the scheme with joint venture partner the Hong Kong Monetary Authority, had already committed to delivering the scheme after preletting 57,200 sq ft on the fifth and eighth floors to Kohlberg Kravis Roberts & Co Partners on 15-year leases. Only the 16,500 sq ft first floor remains available in the 127,600