London - Leading global law firm Mayer Brown has advised GF Financial Markets (UK) Limited, the London arm of one of China’s top securities brokers, on the letting of 1 Broadgate, London EC2. The office space comprises around 8,000 sq ft on the ground floor, with a lease that expires on 1 January 2019.
The move follows the purchase of Natixis Commodity Markets Limited by GF Futures (HK) from the French bank Natixis. The entity is now named GF Financial Markets (UK) Limited and is the second Chinese member to be registered on the London Metal Exchange (LME) after Bank of China International joined last year.
Ben Henry, Real Estate senior associate, commented: "As Chinese companies continue to expand into commodities trading amid booming demand for resources in Asia, this leads to real estate requirements. We’ve seen that London continues to be an attractive place for international firms to be based and do business and so we’re delighted to have assisted on this move.”
The Mayer Brown team was led by Real Estate senior associate Ben Henry.
Mayer Brown also recently advised FirstRand Bank on a ten-year lease of Austin Friars House, EC2, for their London Headquarters.