British Land has launched an Easter sale with a 'buy now, pay nothing until 2013 deal' on its Ropemaker office development in the City.
The property company has signed Bank of TokyoMitsubishi and Mitsubishi Securities as tenants to its flagship office development.
However, under the terms of the 20-year lease neither company will have to pay any rent for the first four years.
As Mitsubishi Securities was an existing British Land tenant in Broadgate, British Land has also sacrificed the rent on that building in order to secure the deal.
The Times, Financial Times