Part 1st Floor, Grove Chambers, Wilmslow, SK9

Penna Plc appointed The Lorenz Consultancy to renegotiate their lease at Grove Chambers, the demise comprising 4,198 sq ft. Negotiations led to Penna taking a new 5 year lease with a Tenant-only option to break at the expiry of the 3rd year subject to a reduction of the overall rent and a 12 month rent free period. Professional | Anthony Lorenz

16th February 2010, 04:33 PM

5 Fleet Place, London, EC4

Anthony Lorenz acted on behalf of Penna in connection with their acquisition of the 2nd and 3rd floors at 5 Fleet Place comprising some 28,000 sq ft, agreeing a favourable rent of £32.50 per sq ft and flexible lease terms in accordance with the client’s occupational strategy. Agency Acquisition | Anthony Lorenz

16th December 2009, 02:57 PM

Wellington House, 20 Queensmere, Slough, SL1

Major client, Penna, concluded a corporate acquisition of an advertising agency, Barkers, who held a variety of leases within the portfolio – some offices had to be closed and others renewed. In this instance, the lease held on some 5,000 sq ft at a rent of £120,000 per annum was due to expire September 2011. A 3 year lease renewal was negotiated from September 2009 at half the rent which justified the affordability of the Tenant maintaining the premises. Professional | Anthony Lorenz

28th September 2009, 03:39 PM

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