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Great Portland Estates plc (GPE) announced on June 22, 2026, the full pre-letting of 30 Duke Street St James's, SW1, following M.J. Bale taking 2,636 sq ft of retail space. This completed the letting of the entire building, totaling approximately 67,700 sq ft, which included 62,300 sq ft to Clayton, Dubilier & Rice in May 2025 and a retail unit to L'Eto in October 2025. The lettings achieved an average of 6.7% ahead of ERV, delivering a blended ERV of £186 per sq ft and £12.6 million in total annual rent.
| Date | 22 Jun 2026 |
| Time | 07:00:11 |
| Category | Miscellaneous |
| ID | 1793J |
22 June 2026
GPE fully pre-lets 30 Duke Street St James's, SW1, following final retail letting to M.J. Bale
Great Portland Estates plc (GPE) has completed the pre-letting campaign at 30 Duke Street St James's, SW1, following the exchange of a new retail lease with Australian menswear brand, M.J. Bale.
M.J. Bale has taken 2,636 sq ft of prime retail space on the Jermyn Street frontage for its first London store, completing the leasing of the entire building. The deal follows the pre-letting of the entire office space, comprising 62,300 sq ft, to Clayton, Dubilier & Rice (CD&R) in May 2025 and the letting of the Piccadilly retail unit to L'Eto, the restaurant group, in October 2025.
In total, 30 Duke Street St James's, SW1 has secured c. 67,700 sq ft of lettings across high-quality office and retail space, at rents on average 6.7% ahead of ERV, delivering a blended ERV of £186 per sq ft, £12.6 million of total annual rent, supported by strong sustainability credentials.
Dan Nicholson, Executive Director at GPE, commented: "Fully pre-letting 30 Duke Street St James's ahead of practical completion is a great result and highlights the enduring appeal of the West End. From CD&R to M.J. Bale, the quality of the customer line-up demonstrates the continued pull of St James's and the depth of demand which our development pipeline is well placed to capture."
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Great Portland Estates plc |
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Toby Courtauld, Chief Executive |
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Stephen Burrows, Director of Investor Relations and Joint Director of Finance Yasemin Kiani, Senior Communications Lead |
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FGS Global |
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James Murgatroyd & Gordon Simpson |
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7251 |
3801 |
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For further information see www.gpe.co.uk or follow us on X at @GPE_london
LEI Number: 213800JMEDD2Q4N1MC42