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New top rent at 9 Kingsway

KingswayUK & European Investments has let the seventh floor at 9 Kingsway, WC2, to the Chartered Institute of Building.

The 3,364 sq ft letting is on a ten-year lease at £64.50 per sq ft, with a break clause at the end of the fifth year.

The agreement includes rental incentives equivalent to a six-month rent-free period.

John Stacey, asset management director at UK & European Investments, said: “The letting to the Chartered Institute of Building sets a new rental high for 9 Kingsway after a recent refurbishment and a short marketing period. We continue to see strong demand from occupiers in the Covent Garden submarket and are forecasting continued rental growth at the building.”

Farebrother and JLL acted for UK & European Investments.

amber.rolt@estatesgazette.com

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