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Cushman & Wakefield - commercial real estate in the UK

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Case Study

Allen & Overy LLP

" Relocation of international law firm to new global Headquarters at Bishops Square, London. C&W provided tenant representation and disposed of planned expansion space on flexible terms to meet clients forecasted growth. "
- Allen & Overy LLP

The Challenge

C&W provided strategic property advice to Allen & Overy in the selection securing of Bishops Square on a pre let to provide a modern consolidated London headquarters. Allen & Overy required c.500,000 sq ft plus expansion options forecast to required an additional c.200,000sqft. Allen & Overy agreed a pre-let to take 750,000sqft at the flagship Bishops Square development, Spittalfields. C&W were instructed to dispose of the surplus space on leases that would meet with the forecast expansion of Allen & Overy occupation

Our impact

Cushman & Wakefield carried out a highly successful marketing plan securing multiple sub tenants on lease terms that provided Allen & Overy with both competitive rental incomes and flexibility for forecasted growth. C&W have successfully disposed of c. 200,000 sqft at Bishops Square on behalf of Allen & Overy to high quality tenants that include: Societe Generale, Deutsche Bank, Paul Hastings, Akin Gump and MSCI Barra.

The Outcome

Allen & Overy secured a new landmark modern headquarters building, consolidated the London workforce and providing future planned expansion space. As part of the occupational strategy C&W disposed of expansion space, securing multiple tenants on flexible terms that can meet the space requirements of Allen & Overy.

For more information contact:

Charles Tillett
+44 20 7152 5596
Charles.Tillett@eur.cushwake.com

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