Our Asset Management department successfully negotiated the restructuring of the occupational lease with renowned fund manager Schroders Investment Management of its 160,000 sq. ft. (14,864 sq. m.) headquarters at Gresham St Paul’s in The City of London. The lease had been due to expire in 2015.
Müller International were able to present terms to Schroders convincing them to remain in their existing highly-visible headquarters building, owned by Swiss pension fund AFIAA, rather than a planned relocation to a newly-developed building.
The successful retention of a prestigious tenant, and the achievement of improved terms for the client, illustrate our asset managers’ ability to lessen investors’ exposure to risk and improve asset values for our clients.
Enquiries to: Geoffrey Marriott or Ashley Bunkall
Tel: +44 (0) 207 448 1160