* Smithson Plaza, St James’s, SW1, is on the market with a guide price of £200m. It reflects a NIY of 4.72% and £2,728 per sq ft. Colliers and Newmark are understood to be joint agents. The owner is Fidelidade, with Resolution involved on the ownership side. * Smithson
* Longmead Capital has launched the sale of 10 Old Bailey, a 74,261 sq ft City of London office building, through Fineman Ross + Partners and Savills. There is no guide price, but the price is understood to be in excess of £70m. The building is held on a long leasehold
* A 22,151 sq ft office building at 63 St James’s Street, in London’s St James’s district, has been brought to the market with a guide price of £61m, reflecting a net initial yield of 4.06% and approximately £2,754 per sq ft. * The multi-let
* The Wingate, 93-107 Shaftesbury Avenue, Soho, is on the market with a guide understood to be above £79m, reflecting a 6.5% net initial yield. JLL and RX are understood to be acting for the owners, BC Partners Real Estate and Seaforth Land * The building offers 73,522 sq
* Hayfin has acquired 280 Bishopsgate, a 13-storey Grade A office building in the City of London near Liverpool Street station, in partnership with Capreon. The price has not been disclosed, but market sources put it at around £320m. Hayfin led the transaction * The building is fully let. It was
* LaSalle Investment Management has completed the purchase of Sedley Place, 355-361 Oxford Street, London W1, from Norges Bank Investment Management (NBIM). The price is understood to be £85m, reflecting a net initial yield of 4.72%. LaSalle is acting on behalf of the California State Teachers’ Retirement System (CalSTRS)
* The Cha family, which controls Hong Kong developer HKRI, is understood to have acquired 13 Hanover Square, W1, from Lazari Investments. The price is understood to be £91m * The building has seven storey of office space, let to serviced office provider Halkin, with a Pret A Manger and Starbucks on
* Reef + Partners and BlackRock Real Estate have signed the non-profit London Initiative for Safe AI (LISA) for 82,000 sq ft at the Tribeca campus in King’s Cross. LISA will occupy six floors of The Reflector, the second building on the campus, which sits along Regent’s Canal.
* Gardiner & Theobald has signed for a 54,939 sq ft London headquarters at MEAG’s 30 Finsbury Square, covering 3.5 floors of the building. The space is on floors one to four. The lease starts in 2028 and occupancy is planned for the third quarter of 2029. * Originally
* Crosstree Real Estate Partners has funded the One Museum Street scheme in London WC1 and will partner with developer Simten to complete it. * BC Partners Real Estate is understood to have exited. BC Partners appointed JLL in 2024 to find a joint-venture partner for the project. * The project is
* Stripe is close to signing a lease for about 128,000 sq ft at Blackstone’s Broadgate Quarter, on the edge of the City of London. The space is understood to cover the first and second floors and part of the third floor. * The space would be more than three
* J.P. Morgan Asset Management has secured a £1.016bn development loan from ING Bank and DBS Bank to refurbish One Spitalfields at 1-10 Bishops Square, City of London. The two banks have underwritten the facility equally. DBS is global coordinator, and both banks are mandated lead arrangers, bookrunners