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Private bank signs for Old Bond Street offices

A Hong Kong-based private client of Gerald Eve has let 3,000 sq ft of office space at 2-5 Old Bond Street in Mayfair, London, to a private bank.

The private bank has taken the fourth-floor space on a new ten-year lease at an annual rent of around £86.50 per sq ft. The terms of the deal, which were agreed prior to the coronavirus outbreak, remained unchanged by the crisis.

The landlord was represented by Gerald Eve, while the private bank was advised by BDG Sparks Porter.