Key Details

Overview

Copyright Building at 29-33 Berners Street is a commercial building in Fitzrovia, London W1.

The building was redeveloped and completed in Autumn 2017. The new building has 85,000 sq ft of offices and 20,000sq ft of retail.

2017 July - Derwent London sells the long leasehold interest in The Copyright Building to Union Investment Real Estate GmbH. Completion of the sale is in Q4 2017 after the building has been completed. CBRE and Strutt & Parker acted for Derwent London and JLL acted for Union Investment.

2016 July -  87,150 sq ft of offices pre-let to Capita in Q1 2016; £7.4m pa (gross) / £6.5m pa (net); 20-year lease with no breaks;  Rental incentives equivalent to a 34 months rent-free period

2016 February - the entire office element, 87,150sq ft, is let to Capita on a 20-year lease.

2014 - Derwent London agrees to a new 127-year headlease with the freeholder.

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Completion Q4 2017.

Office Agents: HMC, Strutt & Parker and Deloitte Real Estate

Retail/Restaurant Agents: Shelley Sandzer, Shackleton