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T-Mobile pays £30m to hang up on Borehamwood office

T-Mobile has paid a £30m reverse premium to surrender its lease at Imperial Place, Borehamwood, ahead of Capital & Counties’ sale of the building for £58.6m.

Purchasers Europa Capital and the Property Merchant Group will refurbish the 224,000 sq ft building.

Donaldsons and Lambert Smith Hampton are the joint agents.

References: EGi News 07/01/05

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