Fortress to Double London Footprint to Accommodate European Push
Fortress Investment Group is planning to more than double its London office footprint as it expands its European business.
The alternative asset manager is in talks to rent about 20,000 square foot (1,850 square meters) of space at 25 Baker Street, people with knowledge of the negotiations said. Fortress will sublet the space from Pacific Investment Management Co. which has previously agreed to lease about half the building from developer Derwent London Plc, the people said, asking not to be identified as the negotiations are private. The agreement has not yet been signed, they added.
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