Cushman & Wakefield has advised BlueBay Asset Management on the leasing of new office space just around the corner from its London headquarters.
A leading specialist manager of fixed income and alternative investment products, BlueBay Asset Management has taken a nine-year lease on expansion space with an area of 5,539 sq ft in Grosvenor Hill, W1. The lease length is designed to expire at the same time as the firm’s Grosvenor Street headquarters, which are located a mere two-minute walk away from its new offices.
Shaun Paterson, in Cushman & Wakefield’s London Occupier Representation team, said: “BlueBay needed high quality office space as close as possible to its London headquarters – and we found a great solution in Grosvenor’s new development at 50 Grosvenor Hill.”
50 Grosvenor Hill was recently named as the winner of the British Council for Offices’ (BCO) ‘Projects up to 2,000m2’ award in London and the South East. The development is now in the running for the national award in this category which will be announced at the BCO’s National Awards Dinner in October. For more information on 50 Grosvenor Hill, please visit: www.fiftygrosvenorhill.com.
Knight Frank and CBRE represented Grosvenor.