18 April 2016

Accel selects Regent Street for new European headquarters

International venture capital firm, Accel, has signed the top floor of The Crown Estate’s latest premium office development, just off Regent Street. The 6th floor of One New Burlington Place, at 9,000 sq ft, is to become the firm’s new European headquarters.

The 80,000 sq ft office development, which completed in March 2016, was developed by Exemplar as part of The Crown Estate’s on-going £1bn investment in its Regent Street portfolio.  

Built behind a Grade II listed Regent Street frontage and with Savile Row to the rear, the One New Burlington Place development has regenerated a historic block to meet the needs of modern occupiers.

"Regent Street continues to attract global businesses and their staff to this iconic location, which as well as having great buildings offers world class shopping and leisure choices”

Jon Allgood, Senior Asset Manager, The Crown Estate

This is the second office letting in the building with 55,000 sq ft remaining over 4 floors. The retail space has already been let to global luxury brands, Michael Kors and Polo Ralph Lauren, for new flagship stores.

Designed with sustainability in mind, One New Burlington Place has a green roof terrace to encourage biodiversity and is the UK’s first building to feature 100% eco-friendly LED lighting. The building’s other eco features include:

  • High thermal performance facade
  • A smart rainwater harvesting system
  • Solar cells across the building to generate electricity
  • Ground source heating/cooling

Jon Allgood, Senior Asset Manager for Regent Street at The Crown Estate, said: “One New Burlington Place is the latest example of our premium brand “Offices by Regent Street”. Regent Street continues to attract global businesses and their staff to this iconic location, which as well as having great buildings offers world class shopping and leisure choices. We are delighted to welcome Accel; another high calibre international firm to choose Regent Street for their European headquarters.” 

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