20 MOORGATE, EC2

VALUE
£155 Million / NIY - 4.30% / £1,001 per sq ft

AREA
154,854 sq ft
 
PURCHASER
S E A Holdings
 
VENDOR
PFM EuroSelect
 
CBRE’S ROLE
Disposal

DESCRIPTION
CBRE were appointed to provide strategic sales advice to the vendor, advising on pricing, marketing, timing and sales strategy.

CBRE devised a bespoke and targeted sales strategy to ensure full engagement from the most aggressive global investors during an uncertain period in the macro economic climate. The process was strictly managed to target a specific pool of the most active investors, to increase exclusivity and generate competitive interest. Utilising our unrivalled global network, CBRE drove strong competition for this secure income asset at a time when the market was untested following the EU referendum, achieving a premium price and a quick timetable to completion for our client. The purchaser who was a new entrant to the UK market, identified and was engaged in the marketing process by CBRE’s international marketing team.