Valouran has signed two occupiers at The Broadway, a mixed-use development in London's St James's Park, taking the development's 116,000 square foot of offices to 85% let.
Partners Capital, a global investment office, has signed a lease for 20,193 square feet on the first floor of the West Podium.
Capital.com has expanded its presence in the building to two floors, moving into the third alongside its occupancy of the second. The global fintech group operating in the regulated online trading sector has taken a further 21,579 square feet on the third floor, bringing its total occupancy to to 43,168 square feet.
The offices form part of a wider 1 million-square-foot development on the site of the former New Scotland Yard.
Designed by Squire & Partners, the office units sit alongside 24,000 square foot of retail and 258 luxury residences, most of which are now sold, spread across six buildings rising to 19 storeys.
Partners Capital will relocate from its London office in Kensington to The Broadway in March 2026.
At street level, The Broadway comprises a mix of retail and food and beverage, including Nostos Coffee, Farmer-J, Açaí Berry and Nobleman Barber & Co.
Alex Michelin, co-founder and CEO of Valouran, said in a statement: "Partners Capital joining The Broadway, alongside Capital.com increasing their footprint, highlights The Broadway’s continued appeal to leading businesses.”
JLL brokered the letting to Partners Capital and is handling the leasing of the remaining 18,000 square feet at the scheme alongside Colliers.
New Scotland Yard was sold to Abu Dhabi Financial Group in December 2014 for £370 million as part of a strategy by City Hall to sell down one-third of the Metropolitan Police’s estate and cut back on costs.
In November 2016, Met officers moved out of the building, which had been their home for 49 years, and into new headquarters at the Curtis Green building at Victoria Embankment.
BL Developments, the investment vehicle controlled by the Abu Dhabi Financial Group, was granted planning permission in 2016 to demolish the 1960s office block and replace it with a £1 billion scheme comprising six residential towers, with offices and shops on the lower floors.