Newsteer advised the charitable owners on the sale of the former Ovalhouse Theatre and the Grade II listed White House at The Oval, Lambeth.
The client’s challenge
The charity needed to realise value from two distinctive freehold assets to help fund its move to purpose-built premises in Brixton, with the disposal taking place during the disruption of the Covid-19 lockdown.
Our solution
Newsteer led the marketing and disposal process, navigating buyer engagement and transaction issues through the pandemic to keep the sale moving.
Beyond advice: how we added value
The team understood that the transaction was not simply an asset sale: completing it was pivotal to funding the charity’s relocation and wider community ambitions.
Outcomes and impact
The sale completed during lockdown, helping fund the charity’s move to its new Brixton premises and supporting the wider regeneration programme.
