Rhone Group takes on Mayfair office

Office design news from Morgan Lovell

Published on 11-02-2011

Rhone Group has moved into 7,750 sq ft of grade A office space at 40 Bruton Street in London's historic Mayfair district.

Operated by real estate fund manager PRUPIM, the firm is leasing the fourth, fifth and sixth floors of the property on a ten-year lease to Rhone Group at a guide rent of £90 per sq ft.

Giles Difford, asset management commercial director at PRUPIM, commented: "The success of the project underlines a continuing demand for top-quality developments in prime locations from demanding occupiers who will only accept the very highest standards."

Elsewhere in the capital, CLS Holdings recently announced plans for the construction of a new headquarters at Vauxhall Cross.

The scheme has been sent to local planning officials and is set to cost the firm upwards of £250 million, but will deliver in excess of 200,000 sq ft of new grade A office interior space if given the go-ahead.

Posted by Ian Johnson