Aerium has completed the letting of an entire floor at 24 Savile Row, its landmark West End asset, to US hedge fund Aurelius Capital Management.
Aurelius has agreed a 10-year lease on the fifth floor of 24 Saville Row, comprising 3,774 sq ft of Grade A office space.
The flagship 24 Savile Row scheme is located in the heart of Mayfair and provides 20,000 sq ft of offices and 7,000 sq ft of retail space spread across seven floors.
Designed by architectural firm EPR, the building exhibits a unique glazed façade created by ceramic artist Kate Malone. The asset’s redevelopment was completed in June 2015, with all the retail space in addition to the second floor offices having been pre-let to Italian fashion retailer DSquared.
A further 10,700 sq ft of office space remains available.
Robin Carr (pictured), Aerium’s co-chief investment officer, says: “The fact that we have now completed on three floors at 24 Savile Row is a real testament to the building’s unique design, quality and location, and evidence of the market’s resilience. We are very pleased to be welcoming such a high quality tenant as Aurelius to the building, and look forward to announcing further lettings in due course.”
JLL acted for Aurelius, CBRE and Colliers acted for Aerium.
