A 37-year-old hedge fund boss has broken the record for the highest office rent in the UK after agreeing to pay £250 a square foot for his company’s new headquarters in Mayfair, central London.
Ravi Mehta will move Steadview Capital Management into offices at 30 Berkeley Square, one of the most sought-after buildings in the area that has become the home of many fund management companies.
The rent for 2,700 sq ft of office space is well above the previous record of £190 a square foot agreed two years’ ago by the fashion investment tycoon Lawrence Stroll for offices in St James’s, near Buckingham Palace.
