Hammerson has confirmed its letting of 75,350 sq ft to agent DTZ at its
The letting, revealed by EG last summer will see DTZ take space across levels 1-5 of the building at £53.50 per sq ft on a 20-year lease.
The annual rent is £4m.
Hammerson and its joint venture partners GE Capital and Bank of Ireland will pay DTZ £11.7m as a contribution toward fit-out and lease surrender costs in lieu of a rent free period.
125 Old Broad Street is now 32% let following the earlier letting of 33,370 sq ft on levels 13-15 of the building to international law firm Gide Loyrette Nouel. Turnbull and Asser has also signed a lease to occupy a 4,305 sq ft shop.
Completion of the building, which provides 320,000 sq ft of prime office accommodation over 26 floors, is scheduled for May 2008.
CBRE and Strutt & Parker acted for Hammerson; DTZ represented itself.
