Mayer Brown advises FirstRand Bank on 10 year City lease for London HQ
13 June 2013
London - Leading global law firm Mayer Brown has advised FirstRand Bank on a ten-year lease of Austin Friars House, EC2, for their London Headquarters. The newly refurbished office space comprises over 9,000 square feet on the ground and sixth floors.
FirstRand is one of the big four South African retail, commercial and investment banks with offices throughout Africa, as well as in London, Dubai, Australia, China and India.
Ben Henry, Real Estate senior associate, commented: "This move will allow FirstRand to continue to build its presence in London and provide products and services to their clients in the city. London continues to be an attractive place for international firms to be based and to invest in, so we’re delighted to have assisted on this move.”
The Mayer Brown team was led by Ben Henry, Real Estate senior associate, who also advised FirstRand Bank on their previous move to 20 Gracechurch Street in 2008.
Mayer Brown also recently advised New York based Ashkenazy Acquisition Corporation on its £105 million purchase of Old Spitalfields Market, their first investment in Europe and Singaporean property developer, Sinar Mas Land Limited, on the £84 million purchase of New Brook Buildings, London their first acquisition outside of Asia.