Case Study

Devonshire House, London

BNP Paribas Real Estate assisted Witkoff, DCD Group and Lehman with the lease re-gearing, refurbishment design, letting and sale of the iconic Devonshire House in Mayfair, London.

 

The challenge

The client required a number of services in relation to Devonshire House, an iconic building in the heart of Mayfair. These included lease re-gearing, refurbishment design, an effective letting campaign and eventual sale.

 

The solution

We worked closely with the architectural team to redesign the building to make it more appealing to West End financial occupiers. Following a letting campaign that delivered 100% occupancy, we successfully sold the building for £400 million. We were subsequently appointed by the purchaser, Pontegadea, to advise on leasing strategy, refurbishment and lettings.

Simon Knights, Heads of West End Agency

“Our team worked on the redevelopment, sale and leasing of this landmark Mayfair office building.“
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