Office Redevelopment

Successful refurbishment and re-let project generating enhanced return.

Office Redevelopment

Successful refurbishment and re-let project generating enhanced return.

This high grade office building in Godalming was a successful refurbishment and re-let project and was subsequently sold well ahead of target.

Location: South East England
Investment type: Office
Investment partner: GE Real Estate

Following the exercise of a break clause, the tenant vacated this 9,200 sq.ft. office property in Godalming. After settlement of the dilapidations claim, lease negotiations were concluded in a very challenging letting market to the local NHS Trust on a 20 year lease. Cordatus successfully applied for and achieved planning consent for the change of use and subsequently overhauled the property on time and on budget. The asset was then sold and exceeded business plan exit forecasts.

This high grade office building in Godalming was a successful refurbishment and re-let project and was subsequently sold well ahead of target.

Location: South East England, UK
Investment type: Office
Investment partner: GE Real Estate

Following the exercise of a break clause, the tenant vacated this 9,200 sq.ft. office property in Godalming. After settlement of the dilapidations claim, lease negotiations were concluded in a very challenging letting market to the local NHS Trust on a 20 year lease. Cordatus successfully applied for and achieved planning consent for the change of use and subsequently overhauled the property on time and on budget. The asset was then sold and exceeded business plan exit forecasts.

40 Cumberland Avenue,
Park Royal

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2 Roundwood Avenue,
Stockley Park

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