NEWS AT DEVONO

Unique off-market option found in W14

Additional office space was required for our clients continued growth with a mid-2013 lease expiry.

The company develop advanced statistical analysis of football matches for odds compiling.

DeVono Cresa were brought in to advise them of their commercial real estate strategy which started with a detailed brief.

Over a relatively short period covering only 3-5 weeks, 12 separate building options were inspected. A clear favourite building, which also happened to be an off-market option, was then progressed.

Negotiations began and in the face of opposition from another interested party, these negotiations were accelerated to secure this unique highly sought after self-contained B1 office building of close to 7,000 square feet.

The negotiations proved successful and after a face-to-face meeting with the landlord to iron out the last few details, Heads of Terms were ultimately agreed and respective solicitors were formally instructed to progress the conveyancing process.

A huge amount of retrospective due diligence; including professional surveys, dilapidation assessments and space planning was then carried out by DeVono Cresa’s Project Management department who were also asked to represent them formally in their relocation, design & build process.

The building never formally came to the open market and our clients have a truly unique new home in, W14.