London Investment Properties Track Record
30 Fenchurch Street, EC3
£635m / £1,152 per sq ft
AREA
551,026
PURCHASER
Brookfield
VENDOR
Safra
CBRE’S ROLE
Disposal
DESCRIPTION
CBRE jointly advised the Safra family and Delancey on the off-market sale of 30 Fenchurch Street, a landmark central London office building, occupying a 2-acre freehold island site in the heart of the City of London.
Originally developed in 2004 by British Land, the building comprises 551,026 sq ft and is multi-let to Accenture, Aspen and Berrymans for a further eight years.
The property was purchased by Brookfield in June 2021 and is the largest central London investment transaction to date in 2021.
Latest Deals
-
Case Study
Bureau, 90 Fetter Lane, EC4A
CBRE advised Deka Immobilien Investment GmbH on the successful acquisition of the freehold interest of Bureau, 90 Fetter Lane in an off market transaction. Bureau was extensively refurbished and extend by Evans Randall completing in 2018.
-
Case Study
49 Park Lane, W1
CBRE advised Pembroke on this landmark sale which achieved new benchmark pricing for Central London offices at 2.75% NIY. The property was launched to market in Q1 2022 and attracted a truly global investor audience.
-
Case Study
6-9 Harbour Exchange Square
CBRE identified Harbour Exchange as a potential sale for Land Securities due to their strategy to sell out of long dated Income.
-
Case Study
40 Strand, WC2
CBRE advised Landsec on the sale of 32-50 Strand to Sinarmas Land for £195m, as part of their strategy to sell selected assets to reinvest in higher returning opportunities.
-
Case Study
28 St George Street, W1
CBRE advised the Lazari family on the acquisition of this prime Mayfair refurbishment opportunity. The property was discreetly marketed and CBRE was able to successfully able to secure the asset for our client ahead of the competition.
-
Case Study
3-8 Whitehall Place, SW1
CBRE advised Schroders Capital (on behalf of the Greater Manchester Pension Fund) on the successful disposal of 3-8 Whitehall Place, a prominent freehold building in the heart of the Whitehall Estate. The 95,225 sq ft building is single let to The First Secretary of State on a term expiring June 2029 (6.9 years unexpired).
-
Case Study
89 Eccleston Square , SW1
CBRE advised M&G Real Estate on the disposal of its freehold interest in 89 Eccleston Square.
-
Case Study
14 Berkeley Street, W1
CBRE advised a Private Spanish client on the acquisition of this prime Mayfair freehold asset. The building is located just to the south of Berkeley Square and provides 13,979 sq ft of office and luxury car showroom accommodation.
-
Case Study
Labs House, 15-19 Bloomsbury Way, WC1
CBRE advised LabTech on the freehold sale of Labs House, a newly refurbished Grade A office property let to dynamic serviced office operator, LABS, for a term of 10 years with indexation.
-
Case Study
Paddington Central, W2
Having been involved with the campus for over a decade, CBRE is delighted to have advised British Land on the successful disposal of a 75% share in their Paddington Central campus to GIC.
-
Case Study
New River Yard, Clerkenwell, EC1
CBRE acted for Derwent London to dispose of their freehold interest in New River Yard, an asset comprising four office buildings which are multi-let to 13 tenants.
-
Case Study
The Stamford, 18 Blackfriars Road, SE1
CBRE represented Black Pearl Limited on the disposal of this major 2-acre freehold development site in the heart of London’s Southbank.
-
Case Study
1 Old Queen Street, SW1
CBRE advised on the successful off market acquisition of 1 Old Queen Street for a Private Middle Eastern Investor.
-
Case Study
2 Cavendish Square, W1
CBRE advised on the successful acquisition of 2 Cavendish Square for CBRE IM. This was a highly competitive process with 45 inspections and 11 bids in the first round and 5 parties invited into the second round.
-
Case Study
15 Adam Street, WC2
CBRE advised K&K Property Holdings on the acquisition of 15 Adam Street, WC2 from SEB for £66.1m. The purchase is their fourth in London, continuing their expansion in the capital. The freehold property is located in one of London’s most vibrant sub markets, benefitting from close proximity to Charing Cross station and Covent Garden Piazza. Comprehensively refurbished in 2019, the property provides 53,985 sq ft of office and retail accommodation, let to 10 tenants with a WAULT of approximately 7.5 years to expiries and an average office rent of £66.50 per sq ft.
-
Case Study
7-11 Herbrand Street, WC1
CBRE advised LabTech Investments on the sale of this comprehensively refurbished and repositioned art deco office building recently let to leading fintech company, Thought Machine.
-
Case Study
83 Pall Mall, SW1
CBRE advised Railpen on the long leasehold sale of 83-85 Pall Mall to Tikehau Capital in partnership with Best Star Real Estate Fedaia (BSREF).
-
Case Study
1-5 Poland Street, W1
CBRE advised a high net worth private client on the acquisition of a high quality single let Soho office building.
-
Case Study
Lazari / Derwent West End Joint Venture
CBRE advised Derwent London on an off-market transaction with Lazari Investments to acquire two assets and enter into a 50:50 Joint Venture for the holding and development of a third site.
-
-
Case Study
13-15 Moorgate, EC2
CBRE acted on the off-market purchase of 13-15 Moorgate on behalf of a Chinese owner occupier.
-
Case Study
London Stock Exchange, EC4
CBRE represented the London Stock Exchange Group on the subject to planning disposal of a major freehold asset in the City Fringe.
-
Case Study
Wardrobe Court, EC4
CBRE have advised British Land on the strategic sale of Wardrobe Court, an extremely rare collection of freehold buildings wrapped around a courtyard in a prime central London location.
-
Case Study
Times Square, 160 Queen Victoria Street, EC4
CBRE advised Blackstone on the disposal of Times Square through a targeted off-market process.
-
Case Study
Grafton House, 379-381 Euston Road, NW1
CBRE successfully advised on the disposed of Grafton House, 379-381 Euston Road. Following an extensive marketing campaign, we selected Sofidy as a preferred buyer and progressed through to completion.
-
Case Study
8-10 Moorgate, EC2
CBRE advised Deka on the off-market acquisition of 8-10 Moorgate, a best-in-class office that was completed on 28th May 2014.
-
Case Study
8 St James's Square, SW1Y
CBRE advised Deka Immobilien Investment GmbH on the successful acquisition of the freehold interest of 8 St James’s Square in an off market transaction.
-
Case Study
Bureau, 90 Fetter Lane, EC4A
CBRE advised Deka Immobilien Investment GmbH on the successful acquisition of the freehold interest of Bureau, 90 Fetter Lane in an off market transaction.
-
Case Study
70 New Oxford Street, WC1
CBRE advised Orchard Street Investment Management on the successful disposal of 70 New Oxford Street, a prominent 25,000 sq ft mixed-use asset located 175 metres from Tottenham Court Road.
-
Case Study
Minster Building, EC3
CBRE ran an extremely targeted process utilising our team’s global knowledge of the most competitive buyers in the market for this profile of asset.
-
Case Study
30 Fenchurch Street, EC3
CBRE jointly advised the Safra family and Delancey on the off-market sale of 30 Fenchurch Street, a landmark central London office building.
-
Case Study
Tavis House, WC1
CBRE were delighted to advise Macquarie Principal Finance on the sale of Tavis House, 1-6 Tavistock Square London WC1.
-
Case Study
Atlantic House, EC1
CBRE advised Deka Immobilien Investment GmbH with our joint agent on the off-market sale of Atlantic House, EC1.
-
Case Study
1 St John's Lane, EC1
CBRE acted for Royal London on the on-market purchase of 1 St John’s Lane, Farringdon, headquarters to Save the Children.
-
Case Study
Lever Building, EC1
CBRE was instructed on the sale of Lever Building, 85 Clerkenwell Road, on behalf of Amsprop in January 2021.
-
Case Study
66 Shoe Lane, EC4
CBRE jointly advised Henderson Park and Endurance Land on the successful sale of 66 Shoe Lane, London EC4, a newly refurbished building which is let to Deloitte LLP for 15 years.
-
Case Study
Random House, SW1
CBRE advised Sofidy on the purchase of Random House. The property had been subject to several abortive sales, and we were able to acquire the investment at a substantial discount to the original quoted price.
-
Case Study
Johnson Building, EC1
CBRE advised Derwent London on the disposal of The Johnson Building, a 192,700 sq ft estate in Farringdon, having provided ongoing strategic advice for two years.
-
Case Study
Endeavour House, WC2
CBRE were delighted to advise K&K Property Holdings on the acquisition of Endeavour House, 189 Shaftesbury Avenue, WC2.
-
Case Study
1 & 2 New Ludgate, EC4
CBRE advised Landsec on the disposal of this exceptionally rare City of London freehold estate.
-
Case Study
Clarges, Mayfair, W1
CBRE advised British Land on the Freehold sale of their best-in-class mixed-use Clarges estate.
-
Case Study
1 London Wall Place, EC2
CBRE advised Brookfield on the disposal of this award winner London HQ, single let to Schroders for a term of 17 years.
-
Case Study
1 Great St Helens, EC3
CBRE advised a Spanish private investor on the acquisition of this prime value-add asset in the heart of the City of London’s ‘tower cluster’.
-
Case Study
1 New Oxford Street, WC1
CBRE advised Nuveen Real Estate on the disposal of this 109,000 sq ft striking headquarters building let to H&M and Twitch.
-
Case Study
Fleet Place House, EC4
CBRE advised M&G Real Estate, on behalf of an Asian investor, on the acquisition of Fleet Place House for £111.7m following a competitive bids process.
-
Case Study
70 Wilson Street, EC2
CBRE successfully advised Columbia Threadneedle on the £93m sale of 70 Wilson Street to UBS, representing a NIY of 4.90% and a capital value of £1,250.
-
Case Study
5 Fleet Place , EC4M
CBRE advised Poly Global on the successful disposal of 5 Fleet Place. The building comprises 130,500 sq ft and is the headquarters for Charles Russell Speechlys, a leading law firm.
Contacts
David Green
Executive Director
Phillip Butterworth
Director
Capital Markets
Gain proactive insights and strategies that unlock value, drive returns and enhance outcomes for your real estate investments in all geographies and across all asset classes.
