Kier to Redevelop Whitehall Site for DEFRA

LONDON-Kier Ventures has secured an agreement with the Department for Environment, Food and Rural Affairs to redevelop the 135,000-sf DEFRA Whitehall headquarters in one of the largest pre-lettings seen in the West End this year.

By Graham Parker | July 08, 2002 at 01:01 AM

DEFRA has agreed a pre-letting on the new building, signing a 25-year lease that will take effect once the project is complete in 2004. DEFRA has occupied the building since the 1950's on a long lease at ground rent. It will surrender its lease in exchange for a geared rent on the new lease and a capital sum to cover fitting out works.

Kier was advised by DTZ Debenham Tie Leung, the Crown Estate was represented by Cluttons and Atis Real Weatheralls acted for DEFRA.

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