Finam Investments Ltd retained us to carry out all its commercial property work in the UK.
After a search of the city for some 5,000 sq ft to start up its UK operation we settled on the 26th Floor at 125 Old Broad Street comprising 6,800 sq ft at a rent of £340,000 per annum on a lease expiring in 2019.
We also negotiated a Tenant only option to determine midterm with an initial 24 month rent free period and a further 11 month rent free period if the option to determine is not exercised.
Finam then decided not to occupy the space and we disposed of the offices by assigning the existing lease to a law firm at a lesser rent free period than had been negotiated thus allowing Finam to exit at no loss.
Agency Acquisition / Re-Disposal | Andrew Knights
