Slaughter and May is advising Derwent London - letting of the ninth and tenth floors at 1 Stephen Street, London W1

Slaughter and May is advising Derwent London on the letting of the ninth and tenth floors at 1 Stephen Street, London W1 to AnaCap Financial Partners LLP (AnaCap), a private equity firm. AnaCap will take a 10-year lease of approximately 16,150 sq. ft. at an initial rent in excess of £80 per sq. ft., equivalent to approximately £1.3 million per annum.

The refurbished building forms part of Derwent London's significant interests in the redevelopment of sites in the vicinity of the new Crossrail station at Tottenham Court Road. The letting to AnaCap follows lettings to BrandOpus, Freud Communications, The Office Group and existing occupier FremantleMedia.