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Great Portland Estates' JV GHS Limited Partnership secures restaurant at Hanover Square development
StockMarketWire.com
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Great Portland Estates' joint venture GHS Limited Partnership said it had let a restaurant at the Hanover Square development to Colonial Property.
Colonial has agreed a twenty-year lease (without break) at an initial minimum rent of £600,000 per annum (plus a turnover top-up).
The restaurant comprises three levels, ground and two lower ground floors with a 1,100 sq ft raised external terrace overlooking the newly created 8,400 sq ft Medici Courtyard.
The restaurant is expected to open in the autumn of 2021.
At 8:58am: (LON:GPOR) Great Portland Estates PLC share price was 0p at 688p
Story provided by StockMarketWire.com
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