CBRE’s Development team advised the People's Republic of China on the purchase of the iconic Royal Mint Court site for its new London Embassy, buying the site from Delancey and LRC Group. Located on the edge of the City, overlooking the River Thames and opposite the Tower of London, Royal Mint Court occupies a high profile and historically significant location, comprising 5.4 acres on the former Royal Mint site. The new facility will provide an embassy headquarters, an Ambassador's residence and staff accommodation across approximately 700,000 sq ft, making it one of the largest embassies in the world. The strategic location decision sees the embassy move from its existing headquarters in Marylebone and demonstrates China's ongoing commitment to forging closer ties with the UK and London, as well as contributing to the continued economic and environmental development of the area.
The Development team was supported by Investment Properties who made the introduction to Delancey, as well as Building Consultancy, Planning, and the China Desk. The combined CBRE team worked with the Chinese Embassy for many years to identify a suitable site and the embassy was patient and considered in its search for a location that met all its requirements.