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Derwent London secures AnaCap lease at 1 Stephen Street

Derwent London has let 16,150 sq ft on the ninth and tenth floors at 1 Stephen Street, London W1 to AnaCap Financial Partners, a private equity firm specialising in the European financial services sector.
By James Wallace
March 23, 2015 | 1:13 P.M.

They will be taking a 10-year lease with no breaks at an initial rent in excess of £80 per sq ft, equivalent to £1.3m pa.  There is a minimum uplift on review at year five and there is a rent free period in line with current market practice.

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