London Investment Properties Track Record

2 Cavendish Square, W1

January 23, 2023


£64,100,000 / NIY - 3.45% / £2,365 per sq ft

27,105 sq ft


Howard de Walden Estate 


CBRE advised on the successful acquisition of 2 Cavendish Square for CBRE IM. This was a highly competitive process with 45 inspections and 11 bids in the first round and 5 parties invited into the second round.

The Property is a freehold building fronting Cavendish Square. The Property extends to 27,105 sq ft of modern office accommodation arranged over lower ground, ground and six upper floors. Multi let to three tenants providing WAULT of 10.8 years to expiry (7.2 years to breaks). The Property benefited from a short term opportunity to refurbish the 5th and 6th floors to capture the reversionary rent. 

Latest Deals

  • Case Study

    40 Strand, WC2

    CBRE advised Landsec on the sale of 32-50 Strand to Sinarmas Land for £195m, as part of their strategy to sell selected assets to reinvest in higher returning opportunities.

  • CBRE advised the Lazari family on the acquisition of this prime Mayfair refurbishment opportunity. The property was discreetly marketed and CBRE was able to successfully able to secure the asset for our client ahead of the competition.

  • CBRE advised Schroders Capital (on behalf of the Greater Manchester Pension Fund) on the successful disposal of 3-8 Whitehall Place, a prominent freehold building in the heart of the Whitehall Estate. The 95,225 sq ft building is single let to The First Secretary of State on a term expiring June 2029 (6.9 years unexpired).

  • CBRE advised a Private Spanish client on the acquisition of this prime Mayfair freehold asset. The building is located just to the south of Berkeley Square and provides 13,979 sq ft of office and luxury car showroom accommodation.

  • CBRE advised M&G Real Estate on the disposal of its freehold interest in 89 Eccleston Square.

  • CBRE advised LabTech Investments on the sale of this comprehensively refurbished and repositioned art deco office building recently let to leading fintech company, Thought Machine.

  • Having been involved with the campus for over a decade, CBRE is delighted to have advised British Land on the successful disposal of a 75% share in their Paddington Central campus to GIC.

  • CBRE advised K&K Property Holdings on the acquisition of 15 Adam Street, WC2 from SEB for £66.1m. The purchase is their fourth in London, continuing their expansion in the capital. The freehold property is located in one of London’s most vibrant sub markets, benefitting from close proximity to Charing Cross station and Covent Garden Piazza. Comprehensively refurbished in 2019, the property provides 53,985 sq ft of office and retail accommodation, let to 10 tenants with a WAULT of approximately 7.5 years to expiries and an average office rent of £66.50 per sq ft.

  • CBRE acted for Derwent London to dispose of their freehold interest in New River Yard, an asset comprising four office buildings which are multi-let to 13 tenants.

  • CBRE advised on the successful acquisition of 2 Cavendish Square for CBRE IM. This was a highly competitive process with 45 inspections and 11 bids in the first round and 5 parties invited into the second round.

  • CBRE advised LabTech on the freehold sale of Labs House, a newly refurbished Grade A office property let to dynamic serviced office operator, LABS, for a term of 10 years with indexation.

  • CBRE advised on the successful off market acquisition of 1 Old Queen Street for a Private Middle Eastern Investor.

  • CBRE represented Black Pearl Limited on the disposal of this major 2-acre freehold development site in the heart of London’s Southbank.

  • CBRE advised Derwent London on an off-market transaction with Lazari Investments to acquire two assets and enter into a 50:50 Joint Venture for the holding and development of a third site.

  • Case Study

    83 Pall Mall, SW1

    CBRE advised Railpen on the long leasehold sale of 83-85 Pall Mall to Tikehau Capital in partnership with Best Star Real Estate Fedaia (BSREF).

  • Case Study

    13-15 Moorgate, EC2

    CBRE acted on the off-market purchase of 13-15 Moorgate on behalf of a Chinese owner occupier.

  • CBRE represented the London Stock Exchange Group on the subject to planning disposal of a major freehold asset in the City Fringe.


Capital Markets

Gain proactive insights and strategies that unlock value, drive returns and enhance outcomes for your real estate investments in all geographies and across all asset classes.