1 2 New Ludgate


VALUE

£552 million / NIY - 4.17% / £1,427 per sq ft

AREA
385,814 sq ft

PURCHASER
Sun Venture

VENDOR
Landsec

CBRE’S ROLE

Disposal

DESCRIPTION

CBRE advised Landsec on the disposal of this exceptionally rare City of London freehold estate.

It was a very targeted off-market campaign to a small handful of pre-qualified parties invited into the process.

The property was sold to Singaporean investor Sun Venture as their second acquisition following One New Oxford Street (CBRE Sale).

1&2 New Ludgate was the largest transaction in Central London in 2020.