An affiliate of Tilad, a Gulf-based multi-family office, has purchased One Queen Caroline Street, Hammersmith from a fund advised by Brockton Capital and Landid for an undisclosed sum.
'Together with our partners Landid, we created stunning, contemporary space that has attracted creative occupiers at impressive headline rents,' said Tony Edgley, partner, Brockton Capital. 'We’re delighted that Tilad chose our building as their first UK investment.'
The former Coca Cola headquarters comprises over 83,000 ft2 (7,700 m2) of office space, following a £14 mln refurbishment under Brockton’s ownership, including the addition of an urban roof garden and shared clubhouse on the sixth floor.
The building is multi-let to predominantly creative industries’ occupiers.
The deal represents Tilad’s first purchase in the UK market, having already acquired several assets across the continent.
CBRE acted for the purchaser whilst JLL advised Brockton Capital and Landid.
