BCLP advise The Crown Estate on pre-let at One Hanover Street to Ares Management

International law firm BCLP has advised longstanding client The Crown Estate on the pre-let of the office space at One Hanover Street to Ares Management (“Ares”), a leading global alternative investment manager. Once complete, One Hanover Street will be Ares’ largest office in Europe.

The Crown Estate is undertaking a significant refurbishment of the building. The project will deliver 124,000 sq ft of redeveloped office space above the iconic Apple store on Regent Street, including six levels of high-quality new floorspace, a rooftop pavilion and a terrace overlooking the West End.

Client Relationship Partner Anna Robbins commented, “It was a great opportunity for our team to advise on a landmark letting of this scale – one of the largest in the West End in recent years. This transaction demonstrates the strength and cohesion of BCLP’s multidisciplinary team in successfully delivering a complex and challenging project.”

The BCLP team was led by Partner Mateen Khan working with Senior Associates Kelly Myles and Claire Timmings. Additional support was shared by Counsel Cassie Ingle and Trainee Ola Assi Assi (Real Estate); Partner Andy West, Counsel Anne Powell and Senior Associate Morgan James (Tax); and Partners Victoria Blanchard, Jessica Parry and Senior Associate Carly Curtis.

The BCLP construction team, led by Partner Gareth Stringer and supported by Senior Associate Sophie Broddle and Trainees Vipul Gandhi and Rachael Mohabir, advised The Crown Estate on the building contract opposite Wates Construction.