Charecroft Way, W14
Cyril Leonard originally advised on the acquisition and joint venture between Helical Plc., and Baylight Properties and in turn the subsequent project management of the extensive refurbishment and extension.
The building comprises 145,000 sq ft of office and studio space and is multi-let to 32 tenants.
Cyril Leonard subsequently advised Helical Plc, on the sale of the freehold interest to Workspace Group for a price of £125.3m to reflect a net initial yield of 4.8% rising to 5.1%.
Acquisition & Disposal