Investment manager takes St James’s office 27.11.17

International investment management firm, Putnam Investments, is to occupy the first floor at Legal & General Investment Management’s 16 St James’s Street, London SW1.

Putnam has taken 7,148 sq ft at a rent of £100 per sq ft on a 10-year lease with a break option at the fifth year.

The  first and second floors  in the building have been comprehensively refurbished by Legal & General Investment Management to provide Grade A office accommodation. The ground floor reception  area has been upgraded and the building also features a new Equinox gym.

Levy Real Estate’s James Elliott – who advised LGIM on the letting – comments: “Demand for high quality St James’s office space is still strong and we are seeing rents of around £100 per sq ft still being achieved for the right product”.