INVESTMENT

Commercial property investment throughout the UK is a key area for DE & J Levy, with a particular emphasis on Central London. The department provides a comprehensive and integrated approach for clients to maximize their return on property investment, through acquisitions, disposals, and funding.

The identification of opportunities that will be able to create value through active investment management, property development or refurbishment is a prime element in our tailored advice.

DE & J Levy’s specialist knowledge of the market is exploited to provide a full range of property appraisal and consultancy services for institutions, property companies and developers.

The investment and valuation teams are fully integrated, as a total understanding of the realities of the market place is essential for commercial property valuation work.

The partnership can provide expert advice on the valuation of offices, industrial and distribution property, retail units, leisure property, hotels and development land.

CONTACTS

Simon Heilpern:   Partner   Tel: 020 7747 0122

Jonathan Martyr:  Partner   Tel: 020 7747 0123

Thomas Jeffery:                  Tel: 020 7747 0124

Henry Leighton:                  Tel: 020 7747 0154

Alternatively request a call back from DE & J Levy for information regarding investment properties in London and throughout the UK.

CASE STUDIES:

Grand Buildings, 1 Trafalgar Square, London WC2

We introduced and advised a Middle Eastern investor on the acquisition of Grand Buildings. The property provides a trophy landmark located in a World Square. It provides a mixture of Grade A office accommodation together with ground floor and basement retail.

The building extends to 160,000 sq ft (14,864 sq m) of office with 33,500 sq ft (3112 sq m) of retail accommodation.

The freehold was purchased for £155,000,000 from Credit Suisse. This property was purchased during August 2005 when there was a temporary softening in the market. As a result an exceptional equivalent yield applied to the purchase.

6 Chesterfield Gardens, London W1

We purchased 6 Chesterfield Gardens on behalf of Delancey at a net price in the order of £30,000,000.

The building provides 51,567 sq ft (4,791 sqm) of Grade A office accommodation.

Subsequently in Nov 2005 we sold the freehold interest to a private client of Citibank for £52,000,000 producing an exceptional profit.

125 Shaftesbury Avenue, LondonWC2

We advised Merrill Lynch Property Fund on the freehold purchase of 125 Shaftesbury Avenue.

The building provides a mixed use of 141,170 sq ft offices (13,115 sq m) and 31,282 sq ft (2,906.2 sq m) of retail over ground and 9 upper floors with 21 secure parking spaces within the basement.

The rationale for this investment was based on the expectation of future rental growth. This was anticipated due to the improving occupational markets in Central London combined with the relative shortage of Grade A office space.

 

Eagle House 108- 110 Jermyn Street, St James’s, London SW1

We advised Axa on the freehold ground rent purchase of Eagle House from the Crown Estate.

The building provides 31,895 sq ft (2,034.1 sq m) of offices and 7,794 sq ft (724.1 sq m) of retail / public house and is multi let to 6 tenants including British Gas and Scottish & Newcastle.

This investment provides excellent rental growth potential coupled with the rare opportunity of purchasing a freehold ground rent investment in the heart of St James’s.

Ames House, 6-7 Duke of York Street, St James’s, London SW1

We advised Canada Life Ltd on the freehold purchase of Ames House.

Ames House is a prime mixed use building comprising 15,987 sq ft (1,485.2 sq m)) offices and 3,289 sq ft (305.6 sq m) of residential accommodation arranged over seven floors.

The rationale for this acquisition was to reposition the property in the St James’s market and to capitalize on the rental growth potential of this asset.