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The Kensington Building lands another tenant

Author: AshbyCapital |

AshbyCapital and London developer Janson Urban have let a further chunk of office space at The Kensington Building to Ilex Capital, React News can reveal.

Ilex Capital, the investment manager founded by former Citadel alumni Jonas Diedrich and David Sutton, has taken 7,810 sq ft of floorspace and 1,297 sq ft of outside terraces on the fourth floor of the development.

Ilex Capital will soft launch an equity long/short fund primarily focused on European markets in June, with institutional capital underpinning an external launch in July. A team of more than 20 will be moving to The Kensington Building.

Ilex Capital joins the recently signed occupier of the fifth floor and EssilorLuxottica, which occupies the entire second floor.

Following the latest letting, 54,635 sq ft remains available including 23,000 sq ft on a single floor.

Completed in 2022, The Kensington Building is the first new, headquarters office building in Kensington in over 35 years.

Peter Ferrari, chief executive of AshbyCapital, said: “It’s exciting to welcome Ilex Capital to The Kensington Building, following hot on the heels of the letting of the 5th floor, and we are confident they will enjoy the step change in quality and lifestyle that their new working environment offers.”

When we set out to create The Kensington Building, attracting forward-thinking occupiers was central to our vision, and so this deal is testament not only to the success of the sustainable workplace we have created, but also the attractiveness of Kensington as a vibrant and desirable place to work.

Peter Ferrari, Chief Executive of AshbyCapital

JLL represented Ilex Capital. Cushman & Wakefield and EiA Real Estate are leasing agents for the building.