NEWS AT DEVONO

DeVono Cresa acquire 4,000 sq ft in prestigious Mayfair, W1

DeVono Cresa Property are delighted to announce the acquisition of a London office lease on behalf of a Mozambican coal development company. The space, of over 4,000 sq ft, was taken in the heart of prestigious Mayfair, W1.

A detailed search was undertaken in this prime West End location with a total of twelve buildings viewed and considered that matched our clients brief in terms of style, location and budget.

The favoured option was within a landmark building in Albemarle Street, W1 and after lengthy negotiations the correct level of incentives and savings was reached and an occupier friendly lease was agreed. This commercial lease reflected the protection that a tenant should expect in areas covering alienation provisions, schedule of conditions, rental deposit and a revised floor area measurement. DeVono Cresa negotiated all these elements down to our clients benefit with direct financial savings on rent, rates and service charges.