Addington Capital lets 10 Fleet Place

It has been let on a 10-year lease at a rent of around £65 per sq ft. The site was acquired from Area Management for reportedly just over £175m in 2015.

Martin Roberts, principal of asset manager Addington Capital, said: “There is good demand for high quality office space in this western city location and we are delighted to welcome Knotel to the building.”

According to Roberts, Addington Capital will be releasing a further 13,000 sq ft of category A refurbished office space in March and 33,000 sq ft will be released at the beginning of 2021.

“10 Fleet Street is an iconic building in a great location so we are confident of achieving further success,” Roberts added.

The leasing agents were BH2 and Squarebrook with BNP Paribas advising Knotel.