CHALLENGE

  • Very confidential instruction as purchased ‘off market’.  Advice to Permodalan Nasional Berhard Malaysian Fund with regard to their first investment into the UK Market concerning two separate but interconnecting buildings originally constructed for British Petroleum in the 1980s.  An impressive 43,269 sq m building providing high quality office accommodation, ancillary rooms, onsite restaurant, convenience store, a fitness centre and a well-being centre including a doctor’s surgery, dentist and occupational health therapist.

STRATEGY

  • Create small focused team
  • Inspect property
  • Liaise with solicitors and other professionals
  • Prepare report in short timescale

SERVICES

  • Production of very detailed valuation report containing extensive research on the City of London office market together with rental and investment comparables and overview of DD reports.

RESULTS

  • Valuation and report of circa £345M provided.
  • Client satisfied.