Westfield shops for new agents
Westfield has reshuffled the letting agents on its London malls. Nash Bond has been brought in on 1.6m sq ft Westfield London, W12. CBRE has been retained as joint agent, while DTZ is no longer instructed. CBRE and DTZ have also been replaced on 2.4m sq ft Westfield Stratford, E15, with Cushman & Wakefield and JLL.
DTZ wins 1.5m sq ft London job
DTZ has been awarded a three-year contract to provide property and facilities management services for a 1.5m sq ft central London office portfolio owned by TIAA Henderson Real Estate. The office portfolio comprises 27 premises with a £36m rent roll.
Record rent on Regent Street
Jewellery company Links of London has taken a 10-year lease on Mutual House, W1. The retailer will pay £263,960 pa – £750 per sq ft zone A – for the 520 sq ft shop at 199 Regent Street, which is currently occupied by Penshop. Savills, which advised the private landlord, said it was
a record retail rent for the street. CBRE represented the tenant.
Reuben bros seek SW1 sale
The Reuben brothers are to sell the former 78,066 sq ft Metropolitan Police office block on the Albert Embankment. JLL has been appointed to sell the now-vacant Tintagel House, SE1. The riverfront property has potential for an office refurbishment. Offers in excess of £20m are sought.
Andrew Rosenfeld dead at 52
Minerva co-founder and property tycoon Andrew Rosenfeld has died at the age of 52 following a short illness. In 1989 he co-founded Minerva and became chairman in 2005. He stepped down a year later, selling his stake. He then moved to Geneva to set up investment group Air Capital and formed a real estate partnership with Goldman Sachs’s Whitehall Fund.
