August 2013
GCW has been appointed to carry out professional work for major central London landowner, Lazari Investments, who own a £1.6bn portfolio of property.
It will carry out a rent review for Lazari Investments on a 5,000 sq ft Berners Street property occupied by restaurant operator Nando’s. GCW will also handle the lease renewal on a property occupied by Shoe Zone in Wood Green.
“This will add to our strong portfolio of work in central London. The market is experiencing huge demand from international retailers and rents continue to rise in Central London. We are still seeing record Zone A rents in Regent Street and Bond Street areas” says GCW director Lisa Manley.
Other successes for GCW’s professional team in central London include work on behalf of Khoo Teck Puat Foundation negotiating a new lease on its building on Kensington High Street. GCW was able to persuade the tenant Urban Outfitters to agree a straight 10 year lease at £555,000 pa, giving the landlord the certainty that it needs as a charity.