Press Release

J.P. Morgan Asset Management Agree to Major City Pre-Let

September 24, 2026

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Institutional investors advised by J.P. Morgan Asset Management (JPMAM) have agreed terms to pre-let 465,000 sq ft at One Spitalfields to Jane Street, the quantitative trading firm and liquidity provider, for its expansion in London. The asset is the second major pre-construction pre-let executed by JPMAM in the last 18 months.

One Spitalfields offers a one of a kind workspace that’s been designed for the future, positioned at the heart of a world-class cultural and commercial location. The current tenant of the landmark building plans to vacate the building in May 2027. JPMAM will then undertake a comprehensive redevelopment, with completion expected in 2029.

Michael Ramm, Head of JPMAM European Real Estate, said: “This signing marks the largest off-plan pre-let in the City in more than a decade, underscoring demand for best-in-class space. It serves as a testament to the creativity and execution capabilities of our team, who have secured more than 1 million square feet of pre-construction pre-lets in the last 18 months across London. We’re proud to partner with Jane Street and look forward to delivering a world-class office for their long-term occupancy.”

Jane Street was advised by CBRE. J.P. Morgan Asset Management was advised by RX London, CBRE, and Knight Frank.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.co.uk.