Acquisition


We monitor the London real estate market daily, and can identify opportunities, execute transactions and ensure that their potential is fully realised.

Some examples of our strategic investments for clients

  • In 2014, in an open-market transaction, and against stiff competition from institutional funds, we purchased a multi-tenanted office building in the City of London for £142.2 million. Within 6 months, we renegotiated several of the existing leases to enhance the term and rental income and we are now improving the building to increase the reversionary rent and provide the client with a stable long-term cash flow. The estimated value of the building (July 2015) is £163 million with further value add opportunities to be explored with refurbishments and rent reviews going forward.

  • We secured the palatial 50 St James, W1 property in 2009 for a client in an off market transaction. We managed the asset and recovered tenant arrears, established vacant possession, and generated over £2 million rental income. The property was sold for a gross return in excess of 40% within fours years of purchase.

  • We negotiated the off-market purchase of three adjoining hostel buildings in London's Bayswater for £13.3 million in 2011. We appointed a new operator to improve the property and the rental income. Having considered ways to maximise long term value, including change of use, the properties were sold for £20 million in 2015 without the need for further capital expenditure.

  • We purchased a flat, off-market, in Mayfair for £4.6 million. Within 6 months, our construction team refurbished the property, and we sourced a new tenant, generating a rental income of £100,000 per annum. The flat is currently valued at approximately £8 million.

  • We purchased a house in Belgravia for £11.5 million and obtained planning permission for a £6.5 million redevelopment to increase the living space from 5,800 to 7,200 sq. ft. The construction is ongoing, but once complete, the value of the house is estimated to be £25 million.

  • In 2010 we acquired a Mayfair office building for one of our clients for £5m and obtained planning permission for a change of use to residential and a comprehensive refurbishment costing £2.8m which was undertaken by London Wall’s team. The property is currently valued at approximately £16 million.