Slaughter and May advised Derwent London on the pre-letting of the office space at 25 Baker Street W1

Slaughter and May advised Derwent London on the pre-letting of the remaining office space at its 25 Baker Street W1 development in addition to the previously announced lettings to PIMCO and Cushman & Wakefield. The office space is now fully pre-let to five tenants with a rent roll of £21.2 million.

Paul Williams, Chief Executive of Derwent London: “The strength of occupier demand reflects the quality of office space we are developing. The pre-letting and rental levels achieved further demonstrate positive structural market trends, with the shortage of supply of prime offices across London’s West End. The long leases and strong line up of well-established financial and professional services firms support the attractive project return.”