Rent review negotiation

BioMed Realty
Granta Park, Cambridge

Rent review negotiation on behalf of the landlord of a laboratory headquarters on Granta Park, Cambridge.

What we did

  • Used our in-depth knowledge of rental values within the R&D sector, combined with our landlord and tenant skills, to negotiate a favourable rent review settlement for our client, the landlord.

Result

  • The rent review was based on a core and shell basis and we achieved a 40% uplift on the previous rent which was agreed five years earlier.

 

We have been thoroughly impressed by Bidwells’ detailed knowledge of the R&D sector which, combined with their excellent negotiating skills, has led to a great result for us at Granta Park.

Doug Cuff, Director of BioMed Realty

 

 

103k sq ft

total floor area

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