Palamon Capital Partners have taken the entire sixth floor totalling 8,200 sq ft (762 sq m), at Cleveland House, 33 King Street, St James's SW1 from Chubb Group Ltd, a division of United Technologies Corporation. Palamon entered into a new lease expiring in 2017 subject to review but without a lease break, at a rent equivalent to £70 per sq ft and in addition received a rent-free period as a contribution towards their fit out.

Palamon's existing offices comprising the entire fourth floor of 4,800 sq ft (446 sq m), at Regent Gate, 56-58 Conduit Street has been surrendered to the owners, Insight, the property arm of Clerical & Medical, who are to carry out a refurbishment and re-let the floor in early 2006.

Palamon Capital Partners were represented throughout by Cyril Leonard.