Tavis House


VALUE

£33.1 million / NIY - 2.57% / £591 per sq ft

AREA
55,990 sq ft

PURCHASER
H.I.G. Capital LLC

VENDOR
Macquarie Principal Finance

CBRE’S ROLE

Disposal

DESCRIPTION

CBRE were delighted to advise Macquarie Principal Finance on the sale of Tavis House, 1-6 Tavistock Square London WC1.

We deployed a targeted marketing campaign to a pre-agreed list of parties to generate competitive tension in quick order. Tavis House was a complex leasehold, value-add, investment opportunity.

We were able to highlight various future strategies and underpin robust business plan options using CBRE research and leasing advice.

CBRE provided due diligence packs to aid the execution process and the sale was completed in a short timeframe, in excess of the quoting terms.