22 Bishopsgate, EC2
Newton Perkins was instructed to advise THB
Group on their lease expiries in existing premises as well as the acquisition
of a new c.35,000 sq ft office within the recognised insurance district of the
City of London – including the major new office developments.
Following comprehensive reporting and numerous
inspections, we entered into pre-letting
negotiations on 2 floors at 22 Bishopsgate, a major new iconic
development of circa 1.4 million sq ft over 60 floors. As one of the first
tenants to commit to the building, we were ultimately able to negotiate premium pre-letting terms on behalf of
THB, which compare extremely favourably with subsequent lettings on prime
We also provided subsequent strategic advice
in relation to existing lease commitments at 107 Leadenhall Street, in order to
Our negotiations led
to significant financial savings.