Released on = March 9, 2007, 4:43 am

Press Release Author = Gerver Freedman

Industry = Real Estate

Press Release Summary = Gerver Freedman, a leading firm of West End Commercial
Estate Agents and Surveyors, advises on a number of major commercial property
transactions involving the letting, sale and acquisition of important office
buildings, in Central London.

Press Release Body = London, UK - Gerver Freedman, a leading commercial property
letting company in London, celebrates the largest West End commercial property
letting for over ten years. The 55 Baker Street office acquisition in London's West
End, is Gerver Freedman's largest commercial property letting and was acquired on
behalf of BDO Stoy Hayward. The property is the former office headquarters for
Marks and Spencer and was acquired by London & Regional in 2005. The property will
comprise 493,000 sq. ft. of offices, 42,192 sq. ft. of retail, 17,000 sq. ft. of
leisure and 25,000 sq. ft. of residential, and is expected for completion by
September 2007.

The terms of the commercial property lease are confidential but are understood to be
£40 per sq. ft. under a 20-year lease with more than two years rent free.

Tony Gerver, Partner at Gerver Freedman comments: "It took almost three years to
find the right property for BDO Stoy Hayward. They needed a large enough commercial
property to consolidate four offices they are occupying in London's West End. 55
Baker Street is a stunning development and I believe this commercial property
letting gives Baker Street a real boost as a prime location for West End, Central
London offices"

Commercial Estate Agents League Table

Gerver Freedman's involvement with this significant commercial property letting,
catapulted them to second place in FOCUS' Agency League Table. FOCUS is the UK's
provider of commercial property information, and ranks commercial property estate
agent's on the highest number of commercial property acquisitions achieved within
the commercial property market.

Find a commercial property, West End, London

Gerver Freedman's website provides a useful platform from which tenants can search
an up-to-date and comprehensive commercial property database of office space
available to help them to find a suitable office in Central London.


Web Site = http://www.gerverfreedman.co.uk

Contact Details = Anthony Gerver
Partner

56 Queen Anne Street
London
W1G 8LA

Tel: 020 7317 3113
Email: property@gerverfreedman.co.uk
Website: www.gerverfreedman.co.uk