Western Union Signs New Lease To Stay In Hammersmith

January 23, 2015

Ropemaker Properties (BP Pension Fund), advised by Hanover Green, has signed a new lease with Western Union at it’s 70,000 sq ft 200 Hammersmith Road office building in Hammersmith, London W6.

Western Union, the global leader in international money transfer, has taken 15,000 sq ft on the 1st floor of the five-storey building and will pay a rent of £50 per sq ft on a new 10-year lease with a six month rent free period.

The building is now fully let following the recent letting to Etihad Airways in September 2014.

David Cuthbert of Hanover Green said: “Since our client purchased the building in 2008 we have implemented proposals to improve the lease and rental terms and increase the value of the property by pursuing an active management strategy”.

– Ends –

Latest News

Despite the slowdown in the residential construction market, RED Company and Redevco are proud to break ground on The BaanTower in Rotterdam

December 4, 2023 - 11:04

On Monday, November 27, the ground-breaking ceremony marked the start of construction for The BaanTower in Rotterdam. The tower will house 427 rental apartments, with 30% falling within the affordable[...]

+ Read More

KLM REAL ESTATE PROMOTES JACK HESKETH TO PARTNER

December 4, 2023 - 11:00

KLM Real Estate has promoted Jack Hesketh to Partner. Jack has been with the business since 2016, working in its retail agency division primarily advising international retail brands and key landlord [...]

+ Read More

THE MALL LUTON TO BE REBRANDED BY NEW OWNERSHIP TEAM

November 14, 2023 - 10:23

Frasers Group, the new owners of Luton’s main shopping destination, The Mall, have announced plans to rebrand the centre as “Luton Point’ to reflect its unique position in the heart of the town.[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR