The challenge
Derwent London was looking to amass a strategic site in Fitzrovia, one of London’s fast-growing submarkets, and required assistance in creating an attractive investment opportunity.
The solution
The Copyright Building is a newly- developed 107,000 sq ft building with commercial, office and retail accommodation. We assisted the client with purchases to help amass the site and enable the property’s development, and provided leasing advice which culminated in the pre-letting of the building’s entire 87,150 sq ft office element. We also secured a sale price of £165 million for the long leasehold, reflecting a net initial yield of 4.20%.
