11-12 St James’s Square is a listed Georgian building prominently located on one of the West End’s most attractive squares.
D2 Private acquired and undertook an extensive refurbishment of this property at 11-12 St James’s Square which comprised Grade I and Grade II listed period buildings with a modern extension to the rear. We secured vacant procession and created a stunning freehold west end office investment which achieved world record rents of £130 and £140 per sq. ft. per annum when the property was launched in the market. In addition, the building achieved one of the highest capital values per sq ft on the sale in August 2011.
PROPERTY FEATURES
TENURE Freehold
INVESTMENT TYPE Value Add / Full Refurbishment
ASSET MANAGEMENT Planning, Development & Leasing Management
NET INTERNAL AREA 82,733 sq. ft.
ACQUISITION DATE January 2006
DISPOSAL DATE August 2011
PURCHASER The Employers Pension Fund of Malaysia