Development House

Development House

Somerford RE were instructed by The Ethical Property Company to advise on disposal strategies for their existing c30,000sf affordable office facility in Shoreditch.

Working with a team of professional architects and planning consultants, Somerford helped design a new 90,000sf retail and office scheme that was then sold freehold but without planning consent to a major far eastern investor at a price that reflected a 300% increase on the latest existing use valuation.