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http://www.propertyweek.com/news/record-office-rent-set-in-spitalfields/5078862.article

26/01/2016

Record office rent set in Spitalfields

Transformer Properties has set a record office rent for London’s Spitalfields area in a deal with designers and architects Architekton on Fashion Street.

Architekton has signed a nine-year lease on 1,841 sq ft of offices and studio space at 11-29 Fashion Street. The rent is £110,000 a year or £59.75/ sq ft.

Paul Belchak, who advised Transformer Properties alongside Richard Susskind & Co, said: “The property has been newly refurbished to reflect the inherent character features and location of the building. Achieving rents close to £60/ sq ft demonstrates demand for the right high quality space in this area.”

Architekton was not advised.



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