London Investment Properties Track Record
Tribeca, Kings Cross, NW1
January 1, 2023
AREA
655,000 sq ft
TRANSACTION DATE
January 2023
TENURE
Freehold
TENANCY
Vacant (40,000 sq ft pre-let to LBIC)
RENT
N/A
WAULT
N/A
PRICING
Confidential
VENDOR
BA Pension Fund
PURCHASER
Confidential
DESCRIPTION
CBRE were appointed by GIC to advise on the acquisition of the landmark life-science led campus in King’s Cross. GIC took a 75% stake in the joint venture and are working alongside British Airways’ New Airways Pension Scheme (NAPS) and Reef Group to deliver a premier life science destination in the heart of London’s Knowledge Quarter.
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Contacts
Ed Bradley
Executive Director
Paul Byrne
Senior Director
Capital Markets
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