Key Details

Overview

125 Shaftesbury Avenue is a mixed-use development at the borders of Soho and Covent Garden in London WC2.

A 189,780 sq ft office building from 1982.

The property is situated close to world-famous landmarks including the Royal Opera House and Covent Garden Piazza. It is just a 2-minute walk from Tottenham Court Road station.

History

2018 - Almacantar sold the building in 2018 to South Korea’s KB Securities for £267m.

2017 June - Almacantar signs a lease with WeWork.

2013 July - Almacantar exchanges contracts with BlackRock UK Property Fund to acquire 125 Shaftesbury Avenue. The property was acquired on a freehold basis being multi-let to a variety of tenants including Gucci, Yahoo! Europe and Lloyds TSB Bank on leases generating an annual rent roll of £6.4 million, predominantly expiring in 2014/6. CBRE represented BlackRock UK Property Fund on the disposal.