Newsteer supported Southwark Playhouse on the real estate strategy behind its expansion, helping maintain continuity at its existing venue while progressing new theatre facilities in Southwark.
The client’s challenge
The charity needed to keep operating while new venues were being developed and to navigate lease and property negotiations that directly affected its ability to deliver theatre and community activity.
Our solution
Newsteer assisted with extending the existing theatre lease, supported the new Elephant & Castle facility and advised on negotiations for a further community theatre, café, bar and restaurant within the Colechurch House redevelopment.
Beyond advice: how we added value
The team treated property as an enabler of the charity’s cultural mission, coordinating lease and development advice around operational continuity and the long-term growth of the organisation.
Outcomes and impact
The advice helped Southwark Playhouse maintain its presence during transition and supported the opening of its Elephant & Castle facility in February 2023, with further space being pursued through the Colechurch House redevelopment.