BLP advises on pre-letting office space at Four Pancras Square to Universal Music
International law firm Berwin Leighton Paisner (BLP) has advised on the pre-let of the entire office space at Four Pancras Square, King’s Cross to Universal Music, the world’s leading music company. BLP was instructed by King’s Cross Central Limited Partnership led by Argent as the development/asset manager for the King’s Cross estate.
Universal Music will take a lease when the building completes, which is expected to be in summer 2017. The building will comprise ten storeys of office space, totalling c.177,000 sq ft with ground floor retail and a roof-top garden. It will be the final building in Pancras Square to complete and will sit in a prominent position at the head of the square.
BLP also recently advised KCCLP on the pre-lets of One, Two and Three Pancras Square and on Google’s relocation to King’s Cross.
Real Estate partner Chris Rowe led on the deal working closely with senior associate Liana Hewson. A team from GSC Solicitors acted for Universal Music, led by partner Harvey Posener with partners Amee Popat and Matthew Phillips.
Chris Rowe said: “We are delighted to have acted on this transaction, which is one of the most significant pre-lets in the market this year. It is inspiring to be involved in the ongoing transformation of King’s Cross and Universal Music’s re-location to King’s Cross is testament to the continuing success of the development”.