WHITEFRIARS, 65 FLEET STREET, EC4

VALUE
£160 Million / NIY - 5.56% / £697 per sq ft

AREA
229,584 sq ft
 
PURCHASER
JMI
 
VENDOR
KWASA UK Solo Limited (advised by CBRE Global Investors)
 
CBRE’S ROLE
Aquisition

DESCRIPTION
CBRE acted for JMI, a private Hong Kong investor, in the acquisition of Whitefriars, 65 Fleet Street. The Property is the current headquarters of global law firm Freshfields Bruckhaus Deringer, with office accommodation totalling over 200,000 sq ft split over North and South buildings.

Having sourced the opportunity off-market, CBRE provided the client with a range of due diligence advice to ensure that the transaction reached completion in a timely manner. A collaborative approach across service lines, including property management services along with development advice was crucial in supporting JMI’s first investment in Central London.