Wellington House
Projects

Wellington House, Cambridge

Client
LaSalle Investment Management
Size
16,700 sq ft

Our lease consultancy team negotiated the lease renewals and rent reviews for Wellington House, on behalf of LaSalle Investment Management, over a period of 15 years.

Our latest involvement was dealing with the rent review for the building for which our skilful negotiators achieved a 30% uplift – an incredible achievement for what was then quite a dated building.

Soon after, our capital markets team successfully worked with our client on the sale of the building’s freehold to Brydell Partners for £8.3m, reflecting a net initial yield of 5.58%. It was let to Cambridge East Road Centre Ltd (Regus) on a lease expiring in November 2024.

Get in touch with our team

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Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

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Richard Walden

Associate, Capital Markets

Equipped with a methodical and analytical approach, Richard strives to secure his clients the best deals possible – often leading to repeat business.

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Related services:

01

Rent reviews

02

Lease Re-gearing and Renewals

03

Buying and Selling

04

Disposal Strategy and Execution

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