A fund managed by Tristan Capital Partners and Cording Real Estate Group has paid £245 million ($313 million) for a 2.5-acre freehold estate in central London.
The core-plus, open-end fund known as CCP 5 Long Life (CCP 5 LL) purchased the Holborn Links Estate from LabTech Investments.
The property includes 32 individual assets spanning 253,715 square feet of leasable space and houses 50 different tenants across a broad range of sectors. The estate also includes a number of grade II-listed historical buildings, including Sicilian Ave.
“The Holborn Links Estate has huge potential,” said Nicho Jenkins, managing director at Tristan. “Our focus will be on repositioning the entire offer to create a high-quality user experience in a cohesive and carefully curated environment. That investment should allow us to benefit from burgeoni
