38 Finsbury Square, London, EC2

38 FINSBURY SQUARE 1
38 FINSBURY SQUARE 2
38 FINSBURY SQUARE 3

Description

38 Finsbury Square is a Grade A office building completed in 2006 by Henderson Global Investors and leased to Bloomberg LP until 2020. The building comprises 49,087 sq ft of highly specified office accommodation on basement, lower ground, ground and 6 upper floors.

Opportunity

‍Advising a Hong Kong private family office in 2008, L&O acquired the property for long term investment purposes.

Value Added

  • Since acquiring the property in 2008, 38 Finsbury Square has been occupied by Bloomberg and become fully integrated into Bloomberg's adjoining building, City Gate House.
  • Finsbury Square has been undergoing a gentrifcation process over the last few years and the immediate environment has improved significantly since the property was acquired.
  • Moorgate, immediately to the West of Finsbury Square, is the site of one of the City's new Crossrail stations, due for completion in 2017/18 and we believe this will further enhance the building's opportunities for rental and capital growth.