Derwent London has secured its first lettings at Qube, its recently completed office and retail development at 90 Whitfield Street, London W1. Advertising company, Aegis Media, a subsidiary of the Aegis group, has leased the second floor of 1,750 m[sup]2[/sup] for a 15-year term, with five yearly rent reviews, at £1,130,220 (EUR 1,520,565) per annum (£646 per m2), which sets a record rent for Fitzrovia, one of London's fastest improving business locations. The tenant was granted a 15-month rent-free period.
Premium subscriber content – please log in to read more or take a free trial.
