Regional office values have fallen sharply in recent years and well located multi let buildings now trade below the cost of replacing them. Institutions have reduced their exposure, and many smaller owners will not fund the leasing and refurbishment their buildings need.
This paper explains the opportunity for private capital alongside an established operating partner: standing buildings with rent in place, sourced off market, improved through active leasing and management, and sized so that several kinds of buyer can bid on exit. It covers how value is created at building level, the protections applied before and after purchase, points to consider with a tax adviser, and the ways in which investors can take part, from a single building to a dedicated mandate.
For a confidential conversation, call James Innes on 020 7850 4760 or email james.innes@chrystalcapital.com.
This paper is general information and is not advice, including tax advice. Chrystal Capital Partners LLP is authorised and regulated by the Financial Conduct Authority.