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Bain Capital launches 60,000 sq ft West End HQ hunt

By James Buckley - Tuesday, August 07, 2018 14:55

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Alternative asset firm Bain Capital has launched a search for a new headquarters building in London’s West End of 60,000 sq ft, CoStar News can reveal.

Following a competitive pitch with other agents, Bain Capital has instructed JLL to scour the West End market for options to coincide with its various lease breaks, predominantly in 2022.

Bain Capital is currently the main occupier in Devonshire House, at 1 Mayfair Place, W1. It occupies 49,301 sq ft on a lease which expires in August 2025. It has been in the building, where rent on the remaining space is available at £120 per sq ft, since December 2006.

Bain Capital and JLL declined to comment.

jbuckley@costar.co.uk

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