Harmsworth House

This asset is a long leasehold interest in a Grade B, 60,000 sq ft Midtown office building. On acquisition, the property was multi-let off a low average rent of £36 psf with a WAULT of 5 years and longer term repositioning angles.

Capital Real Estate Partners’ role, acting on behalf of a private family trust, includes:

• Originating the opportunity off market.
• Asset managing the existing asset, including restructuring leases to extend the lease term and managing the leasing of vacant space.
• An ongoing strategic role, managing a professional team to consider the longer term options for the building including refurbishment and redevelopment.