Oryx has let 4,500 sq ft of office space to pet insurance provider Vetsure at Helios Court, as demand for high quality, fully-fitted office space continues to remain robust. The transaction saw a new headline rent secured for the Hatfield area, with Oryx having carried out a CAT A+ office fit out, enabling Vetsure to move in immediately.
Helios Court is undergoing a £1.4 million asset management programme to comprehensively refurbish the building, which is 95% let to tenants including Schneider Electric. The upgrades will significantly improve its ESG credentials, eventually reducing the building’s carbon emissions by 75%. The remaining CAT A+ office suite is due to be released to market in Q1 2024.
Oryx has also completed two lease regears with existing tenants since taking ownership of the office block in 2020, securing DASI and Crohns & Colitis to longer-term deals.