New Look is relocating its Soho-based headquarters to a 67-acre estate in King‘s Cross.
The King‘s Cross Central Limited Partnership (KCCLP) has entered into an Agreement for Lease with New Look for approximately 123,000 sq ft over seven floors, as well as a dedicated reception area on the ground floor, within the mixed-use R7.
The building is adjacent to the landmark University of the Arts London site, and is due to practically complete in July 2018. In addition to office accommodation, the building features a double-height public space with a three-screen Everyman cinema as well d retail and restaurant space at the ground and mezzanine levels.
The clothing chain, owned by South African investment vehicle Brait, will relocate 800 of its employees to King‘s Cross to work alongside neighbours including Louis Vuitton, Universal Music, Google and Havas.
Speaking about the deal, Will Colthorpe, Partner at Argent, said:
“We‘re delighted New Look will be joining the community of businesses at King‘s Cross, bringing its fast-paced approach and knowledge of the business of fashion to the tenant mix.”
“New Look is delighted to have secured this large space in the King‘s Cross development for our London base from 2018, as we continue to successfully grow and recruit,” commented Anders Kristiansen, New Look CEO. “We have been impressed with the work done on the site to date by the development partnership and the future plans for the area. This new building demonstrates our confidence in our future expansion plans and will provide a fantastic working environment for our creative and support teams.”