European law firm Taylor Wessing has exchanged contracts with the Land Securities Group to move its UK head office to a building in London's New Street Square development. The law firm is leasing the majority of Building 5 on New Fetter Lane, some 15,400 m[sup]2[/sup] (166,000 square feet), on a 17-year lease. The rental profile varies on the building, with the upper floors costing £50 per square foot.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
