Henderson Park pounces on City leasehold interest
Henderson Park is continuing its London office buying spree, placing the long leasehold for 1-5 London Wall Buildings, EC2, under offer.
The City of London Corporation instructed Cushman & Wakefield in March to seek offers in excess of £90m for the leasehold interest for the 210,000 sq ft Grade II listed office complex at an annual rent of 10% of rents receivable.
Occupiers within the buildings include Harmonix Construction, communications company Citigate Dewe Rogerson and planning law firm Town Legal.
Henderson Park is continuing its London office buying spree, placing the long leasehold for 1-5 London Wall Buildings, EC2, under offer.
The City of London Corporation instructed Cushman & Wakefield in March to seek offers in excess of £90m for the leasehold interest for the 210,000 sq ft Grade II listed office complex at an annual rent of 10% of rents receivable.
Occupiers within the buildings include Harmonix Construction, communications company Citigate Dewe Rogerson and planning law firm Town Legal.
Earlier this month Henderson Park picked up Woolworth House at 242-246 Marylebone Road, NW1, for £94m from Hermes Investment Management, after entering the London office market in June with the purchase of Athene Place at 66 Shoe Lane, EC4, for £101m from Commerzbank.
The investor was founded by Nick Weber, the founding partner of Mount Kellett, in 2017. The company has raised backing from Stone Point Capital, Kuwait Investment Authority and Wafra Investment Advisory Group, with an initial $500m (£378.5m).
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