Macfarlanes advises as the Economist signs deal for new headquaters

Macfarlanes has advised weekly news, business and politics journal The Economist on its move from 25 St James’s Street, SW1 to establish new editorial headquarters at the iconic Adelphi building, WC2.

The art deco building has recently been refurbished by its owner, investment firm Blackstone.  The Economist has signed a 15-year lease to occupy 26,000 sq ft on the sixth floor, with exclusive access to a private terrace.

Real estate partner Tom Pedder, who led the Macfarlanes team comments:  “It was a pleasure to be involved in securing a new long term editorial home for such a prestigious and respected publication and to further develop our ongoing and much-valued relationship with The Economist.”

Construction partner Angus Dawson and real estate senior solicitors Cate Taylor and Bethan Ellis-Jones also advised.