The firm of solicitors is paying £45 per sq ft ($68 per sq ft) on a 25 year lease with a tenant's only break option after 21.5 years. The deal also includes a 21 month rent free period, slightly higher than was expected to reflect a slowing of demand for offices in London.
Industry insiders are confident the scheme will be granted but not without some opposition from local residents.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
