107 Leadenhall Street, EC3

107 LEADENHALL STREET,1
107 Lead 2
107 Lead 3

Description

107 Leadenhall Street comprises approximately 100,000 square feet of mixed use commercial and retail space opposite Lloyd's of London. The tenant mix is diverse but several are related to the insurance industry and the prevailing rental levels are relatively low providing asset management opportunities.

Opportunity

107 Leadenhall Street, located in the core of the City of London in the prime insurance district, is also in the heart of the "Tower Cluster" area of the City, designated for high rise development. As well as providing medium term rental income the property represents a longer term redevelopment opportunity.

Value Added

  • L&O identified the investment opportunity and negotiated the successful purchase having undertaken detailed due diligence on behalf of the beneficial owners.
  • L&O have been appointed as Asset Manager and will be further exploring the redevelopment potential of the site and will be appointing an advisory team to assist.
  • L&O will explore possible increases in the rental profile of the building through asset management initiatives as and when they present themselves.