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

THE BOUTIQUE WORKPLACE COMPANY SIGNS PARTNERSHIP AGREEMENT WITH PRIVATE LANDLORD AND EXPANDS ITS NETWORK OUTSIDE LONDON

November 24, 2020 - 10:35

The Boutique Workplace Company is to open two new flexible workspace offerings in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord. T[...]

+ Read More

PLANS FOR LEISURE WORLD REGENERATION SUBMITTED TO SOUTHAMPTON CITY COUNCIL

November 24, 2020 - 10:31

Sovereign Centros, the development manager for the proposed regeneration of Leisure World in Southampton, has submitted an outline planning application for one of the city’s most significant regener[...]

+ Read More

ARLINGTON EXPANDS OXFORD BUSINESS PARK OWNERSHIP WITH SPIRES HOUSE ACQUISITION

November 24, 2020 - 10:25

Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate. Also known as Buildi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR