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London Fire service signs 17-year deal in Southwark

 


The London Fire and Emergency Planning Authority has signed a new 17-year lease at its HQ in Southwark, SE1.


 


LFEPA will pay a headline rent of £3.022m a year for the 117,392 sq ft Union Street property, owned by HDG Mansur Investment Services.


 


Peter Matthews, HDG Mansur’s head of investment management for Europe commented: “This is very positive news. We are delighted to have been able to negotiate a new lease with the existing tenants.


 


“It confirms the attractiveness of the property in the marketplace and makes it a very secure investment for the future.”


 


Drivers Jonas advised HDG Mansur.


 


patrick.clift@estatesgazette.com

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