Gerald Ronson’s Heron International is close to filling its 98,000 sq ft Peak building in Victoria, SW1, with a letting to Guggenheim Partners, the potential new owner of Deutsche Bank’s asset management business RREEF.
US investment manager Guggenheim has agreed a 10-year lease on 11,000 sq ft at the Sheppard Robson-designed property. The firm, owned by the Guggenheim family and best known for its art galleries, is understood to be paying around £60 per sq ft.
Guggenheim Partners is currently based in 6,000 sq ft at 110 Wigmore Street, W1, 68 King William Street, EC4, and 1 Knightsbridge Green, SW1. CBRE and DTZ are letting agents on the Peak; Capita Symonds is acting for Guggenheim.