MCKS.L Regulatory News (MCKS)

17 May 2006 08:30

McKay Securities PLC17 May 2006 PRESS RELEASE McKay Securities PLC Pegasus Place, Crawley - Filling Up McKay Securities PLC has completed the letting of Pegasus Three, Crawley toStraumann UK Ltd, with parent company Straumann Holdings AG, quoted on the SwissStock Exchange, as guarantor. The global leader in dental implants has taken a20 year lease over the whole building (16,400 sq ft NIA) with a tenant break atthe end of year 15, at a rent of £377,211 pa, equating to a head line rent of£23 psf. The building is one of three at Pegasus Place, an attractively landscaped highquality office scheme totalling 50,035 sq ft, recently developed by McKay offGatwick Road, midway between the Airport and Crawley town centre. Straumann willbe using the building as their new UK headquarters and to promote their dentalproducts. They join Rok and Arinc at the scheme, leaving only 9,900 sq ft vacantover two floors in Pegasus One. Commenting on the lettings, Simon Perkins, Managing Director of McKay said "Thisis another good letting for Pegasus Place, which confirms the attraction ofCrawley as a growing regional centre. The availability of new well specifiedbuildings at our scheme has attracted a diverse range of strong covenantsprepared to commit to better quality space on long leases, and we look forwardto letting the remaining floors". Maxwell Brown and Knight Frank represented McKay Securities PLC and BondWoodhouse represented Straumann. Contacts McKay Securities PLC - 0118 950 2333 Simon Perkins, Managing Director 17th May 2006 This information is provided by RNS The company news service from the London Stock Exchange