- 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