{"id":7401,"date":"2025-08-20T12:27:00","date_gmt":"2025-08-20T12:27:00","guid":{"rendered":"https:\/\/sawahsolutions.com\/lap\/investec-and-rathbones-to-share-upgraded-city-hq-in-one-of-2025s-biggest-lease-regears\/"},"modified":"2025-08-20T13:42:36","modified_gmt":"2025-08-20T13:42:36","slug":"investec-and-rathbones-to-share-upgraded-city-hq-in-one-of-2025s-biggest-lease-regears","status":"publish","type":"post","link":"https:\/\/sawahsolutions.com\/lap\/investec-and-rathbones-to-share-upgraded-city-hq-in-one-of-2025s-biggest-lease-regears\/","title":{"rendered":"Investec and Rathbones to share upgraded City HQ in one of 2025\u2019s biggest lease regears"},"content":{"rendered":"

<\/p>\n

\n

Mayer Brown advised a 50:50 joint venture between Wing Tai Properties and Manhattan on a major refurbishment and lease regear at 30 Gresham Street covering more than 350,000 sq ft, creating a shared London headquarters for Investec and Rathbones and affecting lender tenants including Commerzbank.<\/p>\n<\/div>\n

\n

London \u2014 Mayer Brown has advised 30 Gresham Street Limited, the joint venture between Wing Tai Properties Limited and Manhattan Holdings Limited, on an extensive building upgrade and lease regears that cover more than 350,000 sq ft of net internal area at 30 Gresham Street. The deal involves three lender tenants \u2014 Investec, Rathbones and Commerzbank \u2014 and, according to the original release, ranks among the capital\u2019s largest lease regears of 2025. The project is set to deliver a high-quality home for both Investec and Rathbones, with a substantial refurbishment underway as the two wealth-management tenants prepare to share London headquarters in the City. Mayer Brown\u2019s team was led by Real Estate partner Chris Harvey and included senior associate Alice Miller, with support from a broader group; Oxygen acted as agent for 30 Gresham Street Limited.<\/p>\n

The transaction is described as a 50:50 joint venture between Wing Tai Properties Limited and Manhattan Holdings Limited, spearheading a substantial upgrade and regears for more than 350,000 sq ft of office space. Three lender tenants \u2014 Investec, Rathbones and Commerzbank \u2014 are affected, and the regears are being positioned to establish a shared London HQ for Investec and Rathbones. The deal has been characterised as one of London\u2019s largest lease regears in 2025, with Mayer Brown\u2019s engagement again led by Chris Harvey and a team that included Alice Miller; Oxygen acted as agent on the project. The City\u2019s coverage of the wider context notes that the Rathbones\u2013Investec Wealth & Investment merger plans have included moves toward consolidating operations at 30 Gresham Street, underscoring the building\u2019s evolving role in the City\u2019s wealth-management landscape.<\/p>\n

Cross-border background and the site\u2019s evolving role in London\u2019s property landscape are highlighted by historic arrangements around 30 Gresham Street. Slaughter and May, acting for Wing Tai Properties in Hong Kong, advised on the Hong Kong Listing Rules aspects of a property joint venture with Manhattan Garments Holdings Limited for the acquisition of the leasehold interests in 30 Gresham Street, with the joint venture split 50:50 between Wing Tai and Manhattan Garments and completion of the transaction in December 2018. This cross-border backdrop illustrates the complexity of UK property investments that involve Hong Kong-listed entities and multi-jurisdictional diligence. Rathbones\u2019 own materials further corroborate the building\u2019s centrality to its operations: the Rathbones London office page identifies 30 Gresham Street, EC2V 7QN, as the firm\u2019s head office in the City, reflecting the address\u2019s significance for the group\u2019s UK footprint and its integration within the 30 Gresham Street complex.<\/p>\n

\ud83d\udccc Reference Map:<\/h3>\n

Source: Noah Wire Services<\/a><\/p>\n<\/p><\/div>\n

\n

Noah Fact Check Pro<\/h3>\n

The draft above was created using the information available at the time the story first
\n emerged. We\u2019ve since applied our fact-checking process to the final narrative, based on the criteria listed
\n below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
\n warrant further investigation.<\/p>\n

Freshness check<\/h3>\n

Score:
\n <\/span>8<\/p>\n

Notes:
\n <\/span>\ud83d\udd70\ufe0f Earliest publication of this specific regear \/ building-upgrade announcement appears to be the Mayer Brown release dated 20 August 2025. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com)) \u203c\ufe0f Related elements of the narrative (notably that Rathbones and Investec would consolidate at 30 Gresham Street) were reported earlier (Rathbones\/Investec combination disclosures and City commentary dating from 2023\u20132025), so parts of the story are recycled context rather than entirely new reporting. ([rathbones.com](https:\/\/www.rathbones.com\/media-centre\/news-and-comment\/rathbones-group-completes-combination-investec-wealth-investment-uk?utm_source=chatgpt.com), [cityam.com](https:\/\/www.cityam.com\/rathbones-merger-with-investec-wealth-progressing-well-but-outflows-elevated\/?utm_source=chatgpt.com)) \u2705 No evidence of wide republishing of this Mayer Brown notice across low-quality clickbait networks at the time of checking \u2014 the announcement appears to originate from the law firm’s own publication. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com)) \u26a0\ufe0f If older versions included different figures (e.g. 2018 acquisition data), those are historical background (JV completion Dec 2018) and should be distinguished from the 2025 regear announcement. ([slaughterandmay.com](https:\/\/www.slaughterandmay.com\/recent-work\/slaughter-and-may-hong-kong-advised-wing-tai-properties-on-a-property-joint-venture-with-manhattan-garments\/?utm_source=chatgpt.com))<\/p>\n

Quotes check<\/h3>\n

Score:
\n <\/span>9<\/p>\n

Notes:
\n <\/span>\u2705 The only direct quote in the text (from Chris Harvey) appears in the Mayer Brown release and no identical instances were found earlier in our searches \u2014 suggesting the quote is original to this press notice. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com)) \u26a0\ufe0f Because the quote is embedded in a firm press notice, re-use by other outlets would be expected if they republished the notice verbatim; at time of check we found no independent earlier usage. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com))<\/p>\n

Source reliability<\/h3>\n

Score:
\n <\/span>9<\/p>\n

Notes:
\n <\/span>\u2705 The narrative is published by Mayer Brown (an international law firm) \u2014 a reputable, verifiable organisation; this strengthens credibility. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com)) \u2705 The named parties (Wing Tai Properties; Manhattan \/ Manhattan Garments \/ Manhattan Holdings; Oxygen) are verifiable: Wing Tai maintains corporate filings\/announcements, and the 2018 JV\/acquisition history is documented. ([wingtaiproperties.com](https:\/\/wingtaiproperties.com\/en-US\/Announcements?utm_source=chatgpt.com), [marketscreener.com](https:\/\/www.marketscreener.com\/quote\/stock\/SAMSUNG-LIFE-INSURANCE-CO-6500956\/news\/Wing-Tai-Properties-Limited-and-Manhattan-Garments-Holdings-Limited-completed-the-acquisition-of-an-34474027\/?utm_source=chatgpt.com), [slaughterandmay.com](https:\/\/www.slaughterandmay.com\/recent-work\/slaughter-and-may-hong-kong-advised-wing-tai-properties-on-a-property-joint-venture-with-manhattan-garments\/?utm_source=chatgpt.com)) \u2705 Oxygen (the asset\/asset-management adviser referenced) has a public presence and lists 30 Gresham Street in its materials, consistent with Mayer Brown\u2019s note. ([oxygenam.com](https:\/\/www.oxygenam.com\/about-us\/?utm_source=chatgpt.com)) \u26a0\ufe0f No sign the report stems from an unverifiable or single-anonymous source \u2014 it is a firm press notice describing a client engagement, which is normal practice for such legal \/ property announcements. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com))<\/p>\n

Plausability check<\/h3>\n

Score:
\n <\/span>9<\/p>\n

Notes:
\n <\/span>\u2705 The core claims are plausible and consistent with public records: 30 Gresham Street is a large City office (c.386,000 sq ft) so a regear covering >350,000 sq ft is feasible. ([en.wikipedia.org](https:\/\/en.wikipedia.org\/wiki\/30_Gresham_Street?utm_source=chatgpt.com)) \u2705 The named tenants (Investec, Rathbones, Commerzbank) have longstanding links to 30 Gresham Street in filings and firm pages; public company notices have previously said the combined Rathbones\/Investec London office would operate from 30 Gresham Street. ([investec.com](https:\/\/www.investec.com\/en_gb\/wealth\/our-offices\/london.html?utm_source=chatgpt.com), [rathbones.com](https:\/\/www.rathbones.com\/media-centre\/news-and-comment\/rathbones-group-completes-combination-investec-wealth-investment-uk?utm_source=chatgpt.com)) \u26a0\ufe0f The narrative bundles current regear detail with historical JV\/acquisition context (2018 completion) \u2014 readers should not conflate historic purchase terms with the 2025 regears. ([marketscreener.com](https:\/\/www.marketscreener.com\/quote\/stock\/SAMSUNG-LIFE-INSURANCE-CO-6500956\/news\/Wing-Tai-Properties-Limited-and-Manhattan-Garments-Holdings-Limited-completed-the-acquisition-of-an-34474027\/?utm_source=chatgpt.com)) \u26a0\ufe0f No independent reputable reporting (e.g. Reuters, FT) of the exact Mayer Brown regear text was found at time of check \u2014 this is consistent with the item being a firm press notice rather than an editorial investigation, but editors should note it’s primarily a primary-source (law-firm) announcement. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com))<\/p>\n

Overall assessment<\/h3>\n

Verdict<\/span> (FAIL, OPEN, PASS): PASS<\/span><\/p>\n

Confidence<\/span> (LOW, MEDIUM, HIGH): HIGH<\/span><\/p>\n

Summary:
\n <\/span>\u2705 The narrative is a law-firm press notice published by Mayer Brown on 20 August 2025 and is the earliest identified publication of the specific lease-regear \/ upgrade details. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com)) \ud83d\udd70\ufe0f Elements of the story (Rathbones\/Investec consolidation at 30 Gresham Street and the property’s 2018 JV history) pre-date this notice and have been publicly reported (Rathbones\/Investec combination statements and the 2018 acquisition), so some background is recycled context rather than breaking news. ([rathbones.com](https:\/\/www.rathbones.com\/media-centre\/news-and-comment\/rathbones-group-completes-combination-investec-wealth-investment-uk?utm_source=chatgpt.com), [cityam.com](https:\/\/www.cityam.com\/rathbones-merger-with-investec-wealth-progressing-well-but-outflows-elevated\/?utm_source=chatgpt.com), [marketscreener.com](https:\/\/www.marketscreener.com\/quote\/stock\/SAMSUNG-LIFE-INSURANCE-CO-6500956\/news\/Wing-Tai-Properties-Limited-and-Manhattan-Garments-Holdings-Limited-completed-the-acquisition-of-an-34474027\/?utm_source=chatgpt.com)) \u26a0\ufe0f Key risks\/notes for editors: (1) this is a primary press notice from a reputable firm \u2014 high trust in the provenance but limited independent reportage of the same transactional detail at time of check; (2) quotes appear original to the notice; (3) the named counterparties and occupational facts (Investec, Rathbones, Commerzbank; building size) are verifiable in public records. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com), [commerzbank.de](https:\/\/www.commerzbank.de\/group\/who-we-are\/commerzbank-worldwide\/?utm_source=chatgpt.com), [en.wikipedia.org](https:\/\/en.wikipedia.org\/wiki\/30_Gresham_Street?utm_source=chatgpt.com)) \u203c\ufe0f Recommendation: label the item as a firm press release\/announcement (so readers understand its provenance), note the previously reported consolidation plans (2023\u20132025) as context, and (if necessary) seek a direct confirmation from one of the occupying tenants or the landlord for independent comment before further editorial amplification. ([mayerbrown.com](https:\/\/www.mayerbrown.com\/en\/news\/2025\/08\/mayer-brown-advises-wing-tai-properties-limited-and-manhattan-holdings-limited-on-building-upgrade-and-lease-regear-of-30-gresham-street-london?utm_source=chatgpt.com), [rathbones.com](https:\/\/www.rathbones.com\/media-centre\/news-and-comment\/rathbones-group-completes-combination-investec-wealth-investment-uk?utm_source=chatgpt.com))<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mayer Brown advised a 50:50 joint venture between Wing Tai Properties and Manhattan on a major refurbishment and lease regear at 30 Gresham Street covering more than 350,000 sq ft, creating a shared London headquarters for Investec and Rathbones and affecting lender tenants including Commerzbank. London \u2014 Mayer Brown has advised 30 Gresham Street Limited,<\/p>\n","protected":false},"author":1,"featured_media":7402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":{"0":"post-7401","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london-news"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/posts\/7401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/comments?post=7401"}],"version-history":[{"count":1,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/posts\/7401\/revisions"}],"predecessor-version":[{"id":7403,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/posts\/7401\/revisions\/7403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/media\/7402"}],"wp:attachment":[{"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/media?parent=7401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/categories?post=7401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sawahsolutions.com\/lap\/wp-json\/wp\/v2\/tags?post=7401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}