London Investment Properties Track Record
Wardrobe Court, EC4
VALUE
£69.9 million / £986 per sq ft
AREA
70,913 sq ft
TRANSACTION DATE
August 2021
PURCHASER
Gem Hotels
VENDOR
British Land
CBRE’S ROLE
Disposal
DESCRIPTION
CBRE have advised British Land on the strategic sale of Wardrobe Court, an extremely rare collection of freehold buildings wrapped around a courtyard in a prime central London location.
The buildings were sold with vacant possession and provide generous serviced apartments with extensive asset management potential
Following an extensive marketing campaign, which attracted a wide range of international capital from across the globe, CBRE secured a premium price for the freehold opportunity.
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