Preqin, having adopted a work-from-home policy for all staff throughout lockdown, were eager to move to higher quality and more occupier-friendly offices to create a better working environment for their employees as they returned to work post-easing of restrictions. Verde, with its shared roof terrace, on site gym and terrific location within Cardinal Place and adjacent to Nova, suited perfectly. Being close to the major overland rail link of Victoria Station – increasingly a requirement for most occupiers currently – was a further attraction.
The deal completed in July 2021. Tuckerman and Savills acted for Pret. Savills also acted for Preqin Limited.