LONDON, 2 October 2025 – Publica has pre-let 50,000 sq ft of office space to General Atlantic, a leading global investor, at its Elephant Marylebone building – the former House of Fraser department store that is being redeveloped into a best-in-class mixed-use destination in London’s West End.
General Atlantic has signed for floors 5 and 6, the latter coming with private terrace space, at Elephant Marylebone which is due for practical completion in December 2026. General Atlantic, along with Actis, which operates as the firm’s Sustainable Infrastructure business, will relocate from their respective current offices in Savile Row and London Bridge.
Publica is transforming the Art Deco era building into a fully electric, 247,529 sq ft destination with excellent sustainability and embodied carbon credentials, with reuse and retention of materials a key feature. It includes 30,000 sq ft let to Third Space for a gym and swimming pool, 40,000 sq ft of retail on Oxford Street and ground-floor F&B on Old Cavendish Street, as well as a new 14,025 sq ft rooftop restaurant with 360-degree views and a 6,630 sq ft terrace.
“We have an exceptional team involved in the sensitive repurposing and extension of this former department store to create an outstanding mixed-use building. General Atlantic’s decision to consolidate their London offices into the 5th and 6th floors at Elephant is a strong endorsement of the quality and ambition of this landmark development and we are delighted to welcome them. As a leading global investor General Atlantic will bring a dynamic presence to the building and we look forward to supporting their continued success in the UK”. Sophie Willson, representing the Landlord Publica Properties Establishment.
Ed Arrowsmith, Partner in Cushman & Wakefield’s London Offices team, said: “Elephant Marylebone is a special building. It will provide an outstanding working environment for General Atlantic’s staff with some of the largest floorplates in the West End, private terrace space, a 25 metre swimming pool below and a large rooftop restaurant above. All a moment from Bond Street Elizabeth Line and some of the West End’s most desirable F&B, retail and amenity.”
Around 100,000 sq ft of office space remains available across floors 2-4 and 7 of Elephant Marylebone.
Cushman & Wakefield advised General Atlantic. All office enquiries to Cushman & Wakefield and CBRE. All retail enquiries to P3 and Savills.
