Leasing

Gardiner & Theobald Secures 55,000 Sq Ft London Headquarters Pre-Let at 30 Finsbury Square

Gardiner & Theobald has signed for a 54,939 sq ft London headquarters at MEAG’s 30 Finsbury Square, covering 3.5 floors of the building. The space is on floors one to four. The lease starts in 2028 and occupancy is planned for the third quarter of 2029.
Originally completed in 2002, the property is currently undergoing a major refurbishment that will deliver 122,000 sq ft of prime office accommodation across nine storeys. The redevelopment will also provide a winter garden, roof terrace, enhanced end-of-trip facilities, and a range of modern workplace amenities. The scheme has been designed by Fletcher Priest Architects.
Gardiner & Theobald will stay at 10 South Crescent, Bloomsbury, until its lease there ends in Q3 2029.

Independent construction and property consultancy Gardiner & Theobald has signed a pre-let agreement to establish its new London headquarters at 30 Finsbury Square, EC2. Gardiner & Theobald has committed to 54,939 sq ft of workspace across the building. Owned by global asset manager MEAG (on behalf of parent Munich Re Group), the City office building is currently undergoing a £60 million comprehensive retrofit and vertical expansion delivered by main contractor Collins Construction and designed by Fletcher Priest Architects.

Hayfin and Capreon Acquire 280 Bishopsgate for £320m

* Hayfin has acquired 280 Bishopsgate, a 13-storey Grade A office building in the City of London near Liverpool Street station, in partnership with Capreon. The price has not been disclosed, but market sources put it at around £320m. Hayfin led the transaction * The building is fully let. It was

LaSalle Completes Purchase of Sedley Place on Oxford Street

* LaSalle Investment Management has completed the purchase of Sedley Place, 355-361 Oxford Street, London W1, from Norges Bank Investment Management (NBIM). The price is understood to be £85m, reflecting a net initial yield of 4.72%. LaSalle is acting on behalf of the California State Teachers’ Retirement System (CalSTRS)

HKRI-Linked Cha Family Acquires 13 Hanover Square for Over £91m in Off-Market Deal

* The Cha family, which controls Hong Kong developer HKRI, is understood to have acquired 13 Hanover Square, W1, from Lazari Investments. The price is understood to be £91m * The building has seven storey of office space, let to serviced office provider Halkin, with a Pret A Manger and Starbucks on

London Initiative for Safe AI Takes 82,000 sq ft at Tribeca, King’s Cross

* Reef + Partners and BlackRock Real Estate have signed the non-profit London Initiative for Safe AI (LISA) for 82,000 sq ft at the Tribeca campus in King’s Cross. LISA will occupy six floors of The Reflector, the second building on the campus, which sits along Regent’s Canal.

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Hayfin and Capreon Acquire 280 Bishopsgate for £320m

LaSalle Completes Purchase of Sedley Place on Oxford Street

HKRI-Linked Cha Family Acquires 13 Hanover Square for Over £91m in Off-Market Deal

London Initiative for Safe AI Takes 82,000 sq ft at Tribeca, King’s Cross