Newton Perkins' Winter Wonderland of Deals
In a robust City economy and letting market Newton Perkins has advised
in a range of notable transactions for both occupier and landlord clients with several
new instructions waiting in the wings.
Insurer Resolute Management will relocate its City
headquarters to the 4th floor (15,000 sf) of 8 Fenchurch Place. They
will join ETC Venues, also advised by Newton Perkins, which has opened its
latest conference and training facility having leased the 1st floor
(24,000 sf) in the summer.
Newton Perkins also acted on behalf of THB in the successful
lease re-gearing at 107 Leadenhall Street, EC3 where THB occupies 40,000 sf of
We have overseen the property strategy for The Bank of
London & The Middle East resulting in a surrender of the Bank’s lease (10,100
sf) in Sherborne House, Cannon Street, EC4; leasing of the 5th floor
(15,008 sf) of Cannon Place, EC4 and marketing of the Bank’s 12 Manchester
Square, W1 premises.
At 1 America Square, Newton Perkins has re-let 15,000 sf to
Wells Fargo Bank on behalf of Minova. At neighbouring office building 2 America
Square, EC3, Newton Perkins has concluded 4 separate lettings on behalf of
Columbia Threadneedle Investments where the total space taken amounted to
approximately 20,000 sf.
The firm will be launching several significant new buildings
in early 2016. In Rockspring’s premier smaller floor refurbishment at 32 Cornhill three floors are already let or under offer and a market leading
guide rent of close to £80 psf is being sought for the other floors. Similarly the
extensive re-model of 69 Leadenhall Street (23,000 sf) is set for marketing in January as is 8 Lloyds Avenue (20,000 sf) where two floors are already under offer.
Butcher Robinson Staples have moved to 6,500 sf on the 3rd floor
at Sackville House; and CLS will shortly be occupying the 4,600 sf fitted out 5th
floor at St Pauls House in Warwick Lane, EC4.
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