Piccadilly Lights, W1

Piccadilly Lights, W1

It’s been one of London’s icons for over a century and unmissable for the 100 million people who pass through Piccadilly Circus every year.

For us, it’s a landmark in our portfolio that perfectly demonstrates how we look beyond a simple façade to build something that lasts.

We’ve owned the world-renowned screen since 1968, and in October 2012 we completed the freehold ownership of the entire island site – including the property behind the digital billboards.

This recent acquisition was the catalyst for us to create further value from the entire estate by improving the screen, reconfiguring the retail space underneath to create new flagship units for Boots, Barclays and Gap, and safeguarding the future development of the building behind the Lights.

Renewing the screen

The Piccadilly Circus large advertisements have been a famous feature of central London since 1908 when they hosted the first Perrier advertisement which was created with lightbulbs.

Since then, the logos of many household names have been up in lights, and the vista has featured in numerous films and TV programmes. Over the years, the technology has evolved too – from simple lightbulbs to neon signs in the 1920s, then to digital projectors in the 1990s and on to LEDs in 2011.


First electrical advertisements appeared


Bovril takes the first-ever neon sign used at Piccadilly Lights


Digital projectors are introduced for Coca-Cola’s sign

Piccadilly Lights

In 2017, the Lights were turned off for a major renovation that brought Europe’s most technically advanced digital screen to the site, while preserving the historic façade and design. The Lights turned back on on 26 October 2017.

At 780 sq m, the new screen is bigger than a tennis court and uses innovative and interactive technology that can even react to the weather. There’s also the potential for live video streams and vehicle-recognition technology to be used by advertisers.

Although the Piccadilly Lights screen is able to display advertising content that responds to real-time factors, such as the weather or the colour of cars, it does not collect or store personal details or data.


Full-motion sections in the new screen


Screen resolution, making it look almost life-like


Colour capacity of the display

Developing 1 Sherwood Street

The new screen has been built on a standalone structure, which has freed up everything behind it.

We’ve secured consent to develop 142,000 sq ft of space in 1 Sherwood Street, and will be starting detailed design later this year.

A bright future

With the new technology we’ve introduced, the improvements to the retail space below the screen and the new mixed-use development behind it, the stage is now set for the Piccadilly Lights to maintain their iconic status.


Market value range


Ownership interest

Piccadilly Lights (Monico), London W1

Piccadilly Circus

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Southside, Wandsworth


Southside, Wandsworth


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