Address: One London Wall, London, EC2
Size: 20,647 sq ft
Client: Canadian Asset Management firm
Transaction: Acquisition of the 3rd floor
The brief was to locate a high quality, but not flashy, building for a Canadian asset management firm who are one of the bellwethers of the Canadian financial system. After a detailed search of all prime City buildings One London Wall was selected as it provided the firm with not only the right image but the option to expand by 25% within five years and also the option to break the lease and relocate if required. Flexibility was a key part of this transaction and BBG negotiated a deal whereby the firm was able to acquire 20,600 Square feet but simultaneously sub- lease 5,700 sq.ft. for the first four years of the term and then take it back for future expansion.
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