Private Swiss bank Lombard Odier Darier Hentsch has taken extra space at the Mayfair block that Aviva Life Fund is selling for £150m.
The company, which already leases 7,200 sq ft at Queensberry House, 3 Old Burlington Street, W1, has agreed a sublease for 13,500 sq ft with another occupier, Hines Europe.
A lease expiring at the end of 2013 has been agreed, at a rent of around £68 per sq ft.
GVA advised Lombard. All parties declined to comment.
Knight Frank was instructed to sell Queensberry House in October for £150m, reflecting a 4.75% yield. A Malaysian fund and a European investor are believed to be battling it out for the 241,352 sq ft building.
joanna.bourke@estatesgazette.com
