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Thomson HQ split

International Thomson are diversifying their headquarters operations from Elm Street in London WC1 and have taken space in three other buildings.

The latest is 12,350 sq ft in the 37,000-sq ft Meridian House at 38 Hans Crescent, SW1. Thomson are taking the second- and third-floor space on a sublease from Britoil which expires in 2000. Their rent is £15.90 per sq ft.

The deal follows their acquisition of 36,280 sq ft in Heron Corporation and London & New York’s joint development at 100 Avenue Road, NW3, and also 3,155 sq ft in Town & City’s 30,820-sq ft 5 Princes Gate, SW7, at £17.50 per sq ft.

Meanwhile, Thomson are selling Elm House, 10-16 Elm Street, WC1, through Fuller Peiser, who acted for them on the acquisitions as well. No guide is being given as to the price of the freehold 50,000-sq ft building, but offers are being sought by February 13.

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