Newsteer advised on the sale of two adjoining office investments in Old Street, helping the client position the properties around secure income and future value potential.
The client’s challenge
The client required a clear disposal strategy for two long-income office assets totalling 69,790 sq ft, with the flexibility to market them individually or together.
Our solution
Newsteer brought the properties to market, highlighting their prime location, secure income, rent review potential and longer-term asset management and development opportunities.
Beyond advice: how we added value
We looked beyond the existing income to present a broader investment case, giving purchasers a clear view of the potential to increase income, improve asset performance and explore future development.
Outcomes and impact
The properties were sold, enabling the client to complete its disposal strategy and realise value from the assets.
