Area
  • <50,000
  • 50 - 100,000
  • 100 - 200,000
  • >200,000
Project Type
Asset Management
Holding Period
6 years
Value
£200m+

Location

111 Buckingham Palace Road is a prominent office building situated above Victoria Station in central London, offering approximately 224,000 square feet of Grade A office space spread across multiple floors. The property features contemporary, adaptable layouts with expansive windows providing abundant natural light. Amenities include an impressive double-height reception area, a Sky Lobby featuring a triple-height atrium, a barista café, bicycle storage facilities, car parking spaces, electric vehicle charging points, and shower facilities.

Key initiatives

  • Managed lease portfolio including negotiation of a new lease with the Met Police and renegotiation of leases with Regus following the Abbey Offices sale
  • Completed lease reviews for the Telegraph resulting in a reversion, and re-let the Met Police space to Scripps Networks, achieving an uplift in Estimated Rental Value (ERV)
  • Led the marketing process by instructing agents, sourcing a purchaser, and conducting negotiations on terms
  • Completed the sale through a Special Purpose Vehicle (SPV)
  • Our strategic involvement in the place-making of the Victoria area played a key role in enhancing the property’s value, ensuring a successful and profitable exit