Commonwealth House

Commonwealth House is a striking art deco building in the Midtown district of London on the boundary between Bloomsbury and Covent Garden. The property provided an opportunity to carry out a major refurbishment and re-positioning to deliver 108,000 sq ft of high quality, well designed offices. On behalf of British Airways Pension Fund, Capital Real Estate Partners:

• Advised on the acquisition of a 50% interest in the asset.
• Advised on the joint venture agreement between our client and the partner, Henderson Central London Office Fund.
• Monitored progress of the development and lease up, reviewing progress against the purchase business plan.