Asset Management Case Studies

Prince Frederick House, London W1

Cyril Leonard were appointed by a private client to asset manage, refurbish and then subsequently dispose of this prime central London asset.

The property is located on Maddox Street, in Mayfair and provides c. 20,000 sq ft of office accommodation over ground to fourth floors with ground and lower ground floor retail and restaurant space.

Cyril Leonard undertook an extensive refurbishment of the office accommodation led by our Project & Building Consultancy team and also undertook asset management of the property. The offices were subsequently let by Cyril Leonard's office agency team and the building was subsequently disposed by the Investment department for a price of c. £20 million reflecting a net initial yield of 4%.

By providing the client with a full-service offering the client was able to exit the property ahead of expectations in terms of timing but also financial commitment. 

Contact Us

22 Gilbert Street, Grosvenor Square,
London W1K 5EJ
email@cyrilleonard.co.uk
T: +44 (0)20 7408 2222
F: +44 (0)20 7493 2482

Social