18 Oct 2007

HALF OF PORTMAN SQUARE IS PRE-LET

• European Credit Management (“ECM”), a London-based fixed income investment management firm, owned by global financial services company, Wachovia has taken the ground, fifth and sixth floors of the building, totalling 36,844 sq ft, on three 16-year leases. Delancey has secured rents of £110 per sq ft on the fifth and sixth floors and of £80 per sq ft on the ground floor.

• BC Partners, a leading international private equity firm, has taken the fourth floor, comprising 16,231 sq ft, on a 16-year lease at a rent of £105 per sq ft.

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