London Investment Properties Track Record
The Stamford, 18 Blackfriars Road, SE1
October 1, 2021
VALUE
£208 million / £285 per sq ft
AREA
730,000 sq ft
TRANSACTION DATE
October 2021
PURCHASER
Hines
VENDOR
Black Pearl Limited
CBRE’S ROLE
Disposal
DESCRIPTION
CBRE represented Black Pearl Limited on the disposal of this major 2-acre freehold development site in the heart of London’s Southbank.
The site had detailed planning consent for a new build development scheme comprising 6 buildings providing, office, residential, hotel, retail and leisure accommodation.
Following an extensive domestic and international marketing campaign, the site was sold to Hines in one of the largest land transactions of 2021.
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