Beltane Asset Management, advised by Gerald Eve, has let the entirety of St Paul’s House, EC4 to The Co-Operative Group for use as a new corporate headquarters.
The Co-Operative Group has taken the 36,000 sq ft building on a new 20-year lease under plans to consolidate all of its London offices under one roof. The deal follows the recent refurbishment of St Paul’s House by Beltane Asset Management.
Colliers acted on behalf of The Co-Operative Group, while Beltane Asset Management was represented by Gerald Eve, GM Real Estate and Jones Lang LaSalle. Gerald Eve also provided Beltane Asset Management with planning consultancy and advice on mitigating business rates exposure.