Investment Type
Direct
Sector
Office
Acquisition Date
October 2014
Acquisition Value
£5-10m
In October 2014 DTZ Investors acquired this former warehouse building constructed in the early 20th century. The building was purchased with planning permission for a comprehensive redevelopment, which is now in progress.
Clerkenwell is now home to businesses including fashion houses, TV/film production companies, and hi-tech firms in this modern and vibrant office destination. Located at the intersection of Clerkenwell Road and St John Street, the building benefits from excellent prominence and provides premier views over the city from the upper floors, which we expect to receive significant interest upon practical completion
Past Performance is not a guide to the future. The value of an investment may go down as well as up and future returns are not guaranteed.