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Linkedin, the US business social networking site, is taking the 687 sq m (7,400 sq ft) first floor of Derwent London's recently completed Charlotte Building in Gresse Street, London, W1. The rent agreed is thought to be about £511.29 pre sq m (£47.50 per sq ft). The lease is understood to expire in 2020, with a break option in 2015. - (02-09-2010)
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Hammerson has selected a plethora of architects for the redevelopment of Victoria Station. Hammerson and Network Rail are proposing to develop three office towers each designed by a different architect. The architects appointed are Rafael Vinloy, Nicolas Grimshaw and GMW Partnership. In total the scheme could provide 74,322 sq m (800,000 sq ft) of office space. One of the architects will also be appointed to redesign the ticket hall and concourse. - (01-02-2007)
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Hammerson, the property company, has sold three office blocks to reduce its exposure to the central London office market. Fordgate, a private company, has paid around £122m for 21 Moorfields, London EC2 (151,000 sq ft), and Grant Thornton House (69,000 sq ft) and 40, Melton Street (116,000 sq ft), two buildings that are part of the Euston Square Estate. 21 Moorfields is vacant but leased to Lazard Brothers until 2008. Hammerson had plans to redevelop the site and as part of the sale agreement is understood to have retained a role as development manager and an option to participate in any redevelopment. At Euston Square, Grant Thornton House is leased to Grant Thornton and 40, Melton Street is leased to Network Rail. Hammerson has retained ownership of the 117,000 sq ft building at One Eversholt Street which will allow the company to be involved in any future redevelopment of Euston Square. - (21-10-2003)
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