Prime Commercial Office Space, London

About this Property

The Prime Commercial Office Space in London is a trophy asset located in the City of London — the world's leading international financial centre. Comprising 45,000 square feet of Grade A office space across floors 18–24 of a landmark glass tower in the EC2 postcode, this property is fully leased to a global investment bank on a 12-year lease with no break clauses, providing exceptional income certainty. The building achieved BREEAM "Outstanding" sustainability certification in 2022 and features state-of-the-art building management systems, EV charging infrastructure, end-of-trip cycling facilities, and a stunning client entertainment suite on the top floor with panoramic views of the Thames, St Paul's Cathedral, and the Tower of London. THE CITY OF LONDON OFFICE MARKET The City of London remains the world's premier financial district, home to over 500 international banks and financial institutions. Grade A office availability in the City stands at just 3.2% — a historic low driven by the demolition of obsolete stock and the conversion of older buildings to residential use. New supply is severely constrained by planning restrictions, creating a structural imbalance that supports continued rental growth. Prime City rents have increased by 18% over the past 24 months. INVESTMENT STRUCTURE Investors acquire equity in the property through a UK-registered limited partnership, providing tax-efficient income distribution. Rental income from the investment bank tenant is distributed quarterly after property management fees (4%), building insurance, and a service charge reserve. The NNN-equivalent lease structure means the tenant bears all internal maintenance and fit-out costs. PROJECTED RETURNS Annual net rental income: £3.2M (~$4.1M USD). Current yield: 5.8%. With projected rental growth of 4% per annum and continued cap rate compression in prime City assets, the 7-year projected IRR is 13–17%. The investment benefits from the sterling/dollar exchange rate, which has historically provided additional return for USD-based investors during periods of dollar strength. RISK PROFILE Very Low. Investment-grade tenant (global investment bank), 12-year lease with no break clauses, prime location, and BREEAM Outstanding certification make this one of the most defensive commercial real estate investments available globally.