Track Record

Commercial Investment

The Royal Exchange, City of London

Acquired
DESCRIPTION

An iconic Grade I Listed office investment in the heart of the City of London, opposite the Bank of England and Bank Underground Station, extending to 68,023 sq ft over mezzanine and four upper floors. The long leasehold property is multi-let at a low average rent of £46.64 per sq ft, with recent lettings above £67.00 per sq ft demonstrating strong reversionary potential, and a WAULT of 7.0 years to expiries (4.7 years to breaks).

Iconic Grade II listed, multi-let office acquired on behalf of a UK property company
Key features
Iconic trophy office investment
Prestigious Grade I Listed building
Comprising 68,023 sq ft
Low average rent of only £46.64 per sq ft
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