The property occupies a full island block in Mayfair.
Subject to a long lease to Hilton, the rent review was outstanding.
Behind the tower, the rear part of the site was low rise.
Investment Strategy
What we did
Rent review was agreed with Hilton, leading to a substantial rise in the rent due.
Plans were drawn up to potentially convert part of the site to residential.
Opportunity identified to increase the massing on the rear element of the site.
An aggressive financing and refinancing strategy was pursued that allowed a significant refinancing gain to be achieved.
Contact
Discuss a project with us
Whether you hold an underperforming asset, are weighing an acquisition, or need an owner-side view on strategy and capital, we would be glad to talk it through.
