Office - Press Releases
Westgate House, 9 Holborn EC1 March 2004

The joint Liquidators on behalf of Bank of Credit & Commerce International SA agreed a rent with their landlords Royal Sun Alliance for a rent review dated 25th June 2001 at a rent of £500,000 per annum exclusive (£25 per sq.ft.) and a fixed service charge of £150,875 per annum (£7.50 per sq.ft.) on a lease which expires on 24th June 2006. A variation was agreed to withdraw the tenants rights to determine on the first and second floors. George Trevor & Associates acted on behalf of BCCI SA (In compulsory liquidation), and King Sturge acted on behalf of Royal Sun Alliance.



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