Grosvenor House, Drury Lane, London
Projects

Grosvenor House, Drury Lane, London, WC2

Client
Standard Life Assurance Ltd
Price
£68.8m

Bidwells acted for the purchaser, Standard Life Assurance Ltd, and advised throughout the complex legal process, offering additional building surveying and planning services.

The property was let to the London School of Economics with a break in spring 2021. The rent was significantly reversionary and since the property was purchased, the break has been activated and we have managed a tender process to appoint a direct let manager. The building will be refurbished over the summer and let directly to students from September 2021, enabling our client to maximise their income and meet their investment strategy for value-add assets within the sector.

Grosvenor House, Drury Lane, London (2)
Grosvenor House, Drury Lane, London (3)
Grosvenor House, Drury Lane, London (4)

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101521

Colin Summers

Partner, Capital Markets

Colin has the right expertise to help you enhance your student accommodation or Build-To-Rent property.

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