Latest News
Examples of some of our recent transactional
activity are set out below.
For further information or to discuss these
and any other transactions we have been involved
with please use the individual contacts listed.
Latest News
Examples of some of our recent transactional
activity are set out below.
For further information or to discuss these
and any other transactions we have been involved
with please use the individual contacts listed.
Croxley Business Park
We acted on behalf of Watford Council in the acquisition of their leasehold interest in Croxley Business Park, a 700,000 sq ft office complex in Watford. Following the creation of the leasehold the freehold was subsequently sold to Goldman Sachs for £400 Million. Watford retain the right to buy the freehold at expiry of the lease for £10 in 2059. An £80 Million + capital contribution was agreed with the vendor for future development and maintenance. For further information please contact Rob Mortimer.
Standbrook House
We completed the sale of 2/5 Old Bond Street on behalf of NFU Mutual in the sum of £152,500,000. The property was purchased by Hong Kong based investor, Chapman Petrie have been retained to asset manage the property. For further information, please contact Robert Mortimer.
4 Matthew Parker Street
We acted for a private UK investor on the acquisition of this prime Westminster office investment in 2019. The property is home to The Conservative Party and is in close proximity to the Houses of Parliament. The property was secured for in excess of £50m. For further information, please contact Marc Murphy.
Tesco Extra
We acted for a UK based Investment Manager on the off market acquisition of this asset in 2019. The property extends to over 115,000 sq ft and is secured to Tesco Extra on a long lease, benefiting from RPI increases.
259 Plaistow Road
We acted for the schools commission on the off market purchase of this 4 acre site in East London in 2019. The vendor was a UK based investor. The property was secured for in excess of £25M. For further information, please contact Marc Murphy.
Glengall Business Centre
Prime South London Industrial Estate, we recently purchased the Glengall Business Centre from Royal London on behalf of a private investor. For further information contact Will Horder.
24 Old Bond Street
We recently completed the sale of 24 Old Bond Street on behalf of NFU Mutual in the sum of £141,000,000. The property was purchased by Unity RE and Chapman Petrie have been retained to manage the asset on their behalf. For further information contact Rob Mortimer.
Battery Retail Park
We acted for NFU Mutual on the acquisition of this high-quality retail park. The park comprises c. 135,000 sq. ft. of accommodation arranged as 13 units and has benefited from significant investment in recent years with much of the scheme being re-clad and modernised in 2015. The scheme was acquired for £57.5 million reflecting a NIY of 6.10%.
B & Q Warehouses
We acted for a UK based Investment Manager on the acquisition of these two assets in Q3 2017. The properties provide long term income secured to B&Q. The acquisition reflected a lot size in excess of £55M and was completed off market.
Curzon Street
We acted for a private UK investor on the acquisition of this prime Mayfair office investment in 2016. The property is fully let and income producing. The purchase was secured in a competitive process.
Abbey Gardens
We acted for a UK Fund on the acquisition of this prime central Reading office building in 2017. The building comprises c.150,000 sq ft of office space arranged over three interlinking buildings. The property was secured in a selective marketing process for an undisclosed sum.
Grosvenor London Office Fund
We have been involved in this pooled London office fund since its inception in 1999, representing the interests of one of the key investors, a UK pension fund. The fund has invested in several trophy office buildings in core markets including Belgrave House, 10 Grosvenor Street and Almack House. At its largest the fund had approximately £800 million assets under management.