Development House
Leonard St, London EC2
Development House
Leonard St, London EC2Somerford 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.