A joint venture comprising property investors Great Portland Estates and the Scottish Widows Investment Partnership is developing the offices at the site, and has welcomed its latest pre-let commitment from private equity firm Bridgepoint.
The West End scheme on Wigmore Street involves preparing 112,700 square feet of commercial space, most of which will be prime London office space.
Bridgepoint has signed a lease to occupy just under 30,000 square feet from the fifth to the seventh floor of the building for 15 years.
Great Portland Estates said the private equity firm will pay around £2.6 million annually to rent the offices at £90.40 per square foot.
The recently agreed pre-let commitment from Bridgepoint follows only weeks after the business consultancy and actuarial firm Lane Clark & Peacock (LCP) agreed a deal to occupy 40,000 square feet of space at the same Wigmore Street site.
“This further pre-letting in the building means the office space is close to being fully let prior to completion,” explained Neil Thompson, portfolio director of Great Portland Estates in a statement.
“Occupiers such as Bridgepoint and Lane Clark & Peacock strongly endorse 95 Wigmore Street as a high-quality West End development, and we have good interest in the remaining office, retail and residential space,” he said.
In February 2013, the property analyst and advisory firm Cushman & Wakefield released a report that ranked London’s West End first on a list of the most expensive places in the world to rent office space, with Hong Kong second.
Editor’s notes: In 2025, the West End remained the most expensive location to rent office space globally, followed by Hong Kong’s Central district, then Manhattan’s Midtown district, followed by the City of London.
In April 2015, GPE sold the fully let 95 Wigmore Street to UBS Global Asset Management for £222.4 million.
In November 2026, LCP’s London office remained at 95 Wigmore Street.
As of November 2026, Bridgepoint’s London address was listed as 5 Marble Arch in the West End, having pre-let the entire office element of the property comprising 83,000 square feet over seven floors in October 2019.
In 2022, commercial real estate advisory firm Colliers had signed for 30,000 square feet at 95 Wigmore Street for a new UK headquarters.
The firm took the space on a sublease from Bridgepoint. It moved from its long-term home at 50 George Street, just off Baker Street in the West End.
At the end of Q2 2026, average office rents in the West End stood at £116.12 per square foot per annum, and prime headline rents were £180 per square foot.
Take-up in the West End in the first half of 2026 reached 2,105,974 square feet, up 32 per cent and 19 per cent on the 5- and 10-year averages, respectively.
West End prime office rents reached £195.00 per square foot in Q3 2026, up 15 per cent year on year.