Lloyds Chambers, 1 Portsoken Street, E1

  • Client: Consortium
  • Size: 193,450 sq ft approx.
  • Use: Offices
  • Value: c. £100 million
  • Tenure: Freehold


Gryphon advised on the acquisition of Lloyds Chambers at a purchase price of £65m in 2013. 

The property was let with just under 5 years to AON and produced a net yield of approx 10% pa

Gryphon advised on the sale and secured a sale price close to £100m which represented an increase of over 50% and a significantly higher return on equity (over x 5 multiple)

The property was awarded Co-Star Investment Deal of the Year 2019