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News Release

Impax Asset Management takes up final space at LSQ London

LONDON, 22 June 2017 – London based asset management firm Impax Asset Management Group will relocate to its new offices on the seventh floor of LSQ London in Leicester Square taking up the building’s last remaining office space.

The building which went to market seven months ago has been snapped up by the likes of media giant Hearst UK and NFL International. Hearst will be the building’s main occupier, leasing five floors totalling 70,915 sq ft.

Adrian Crooks, Head of West End Agency, says: "The commitments made by all three occupiers to this vibrant part of London is testament to the quality of the building, the evolution of Leicester Square and the ongoing appeal of the West End for companies looking to make a statement and recruit and retain the best staff.’

Tim Sketchley - Director, Old Park Lane Management, said: “Linseed Assets, managed by Old Park Lane Management Limited, purchased the building which is now LSQ London approximately 20 years ago. In 2010 the decision was taken to redevelop the building, and Old Park Lane Management appointed a project team including MAKE Architects and CORE Development Managers in order to fulfil our vision for the site. The end product is a tribute to the determination, creativity and tenacity of the entire team and a testament to the quality of the building is the fact that all of the office space has been let to three top tier tenants within 7 months of practical completion.

The completion of LSQ London, which prominently occupies the entire western elevation of the square, and the forthcoming delivery of the 350 room Radisson Edwardian Hotel on the south west corner, mark the next phase in Leicester Square’s progression bringing new tenants and visitors to the area.

Impax Asset Management and Hearst UK joined NFL International as office tenants in the building. The retail units are let to All Bar One, McDonalds and Lego. LSQ London is owned by Linseed Assets Limited and development managed by CORE JLL and CBRE acted for the landlord on all office lettings.