Nabarro has acted for Great Portland Estates (GPE) on one of the developer and investor's most significant ever pre-lets. Bird & Bird has agreed to lease more than 140,000 sq ft at 12/14 New Fetter Lane which will become the law firm's new London HQ.

As part of the deal, GPE restructured their interest at New Fetter Lane. This site is now held on a 154 year lease from the City Corporation. GPE will commence demolition of the existing buildings this summer with practical completion scheduled for late 2015.

The Nabarro team advising GPE on the deal was led by Real Estate partner Barry Morris and included construction partner Alistair McGrigor and tax partner Simon Rose, supported by senior associates Alan Crawford and Caroline Hankins (real estate) and Clare Eccles (planning) and associates Joanne Mulholland, Charlotte Brooks (real estate) and Lauren Lenz (tax).

Barry Morris, partner at Nabarro, commented:

"The Nabarro team turned around one of the largest ever pre-lets secured by GPE in a matter of weeks. It is testament to the skills of our team and the commitment we demonstrate to longstanding clients that we were able to deliver this outstanding result."

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