Fulcrum Asset Management, the British firm, has entered into a ten-year lease agreement at a price of £78.50 per ft2 with British Land to open its office at Marble Arch House in the West End of London.
Fulcrum is expected to move to the 9,000ft2 fifth floor of the building over the summer of 2014.
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British Land director of London Leasing James Danby said that signing the first letting to Fulcrum Asset Management is a significant milestone in the development of Marble Arch House.
"It is evidence of the building’s high quality and its excellent location, within touching distance of Mayfair, attracting a significant occupier from the asset management industry. We anticipate further strong demand for space at the building moving forward," added Danby.
British Land has struck the lease agreement just after a month of the launch of the 61,200ft2, seven floors building located on Seymour Street in the Portman Village.
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