12/14 New Fetter Lane

 

Standout features

This sale continues our strategy of recycling capital out of assets, where we have created significant value and back into our exciting 2.2 million sq ft development programme. 12/14 New Fetter Lane has been an exceptional project for us. Having secured an attractive planning permission, re-geared the headlease with the City Corporation and fully pre-let the building, this sale crystallises a return on capital since committing to the scheme of 82.7% and an unlevered IRR of 55.1%.

Toby Courtauld Chief Executive, Great Portland Estates

Transport links

  • Chancery Lane 5 minutes' walk
  • Holborn 10 minutes' walk

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