Smart move sees Howard de Walden secure Christie's Education for 42 Portland Place

Howard de Walden Estate 42 Portland Place

The Howard de Walden Estate has let the entirety of its Grade II listed 42 Portland Place to Christie’s Education for a new arts, law and business facility.

The specialist provider of postgraduate higher education has taken a 10-year lease on FRI terms at an initial rent of £500,000 a year subject to a 9 month rent free period. The building totals 7,240 sq ft and is arranged on lower ground, ground and four upper floors. The Estate selected the tenant in line with its aim for buildings within its 92 acre Marylebone holdings to be dedicated to teaching and the arts, “to educate future generations of professionals who will go on to work in auction houses, galleries and museums”.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue