VCCP, a challenger advertising agency, has leased 65,000 square feet of offices for a new London headquarters in one of the West End's bigger transactions this year.
The group has signed for floors one to four via a lease taken from landlord Sirosa at 66 Berners Street in Fitzrovia. It is based in Greencoat House, 1 Francis Street in Victoria where it occupies around 35,000 square feet.
The transaction is one of the largest in the West End this year with VCCP understood to be paying around £75 per square foot.
Cushman & Wakefield advises Sirosa at 66 Berners. CBRE advised VCCP.
Savills reports that 305,775 square feet of office lettings completed in the West End in October across 24 transactions, bringing the total for the year to the end of October to 2.8 million square feet, up 14% on the same period last year, but down 19% relative to the 10-year average.