Tech City Portfolio

Scheme name: Tech City Portfolio
Location: City of London
Use: Office
Date purchased: 2012
Size: 12,554, 16,572 & 13,557 sq ft

Specification summary: Three city office buildings assembled over 18 months, totalling 42,683 sq ft and located within London’s EC1 postcode close to the Old Street roundabout and surrounded by a diverse range of residential, retail and commercial occupiers.

Martin’s Properties remodelled, refurbished and re-let one building, secured planning consent for a major refurbishment and extension of another and asset managed the final building to improve the income prior to sale.

130 City Road: refurbished with warehouse style exposed services and let to new tenants. Arranged over lower ground, ground and five upper floors

140 Old Street: regeared the leases and increased the rents. Arranged over lower ground, ground and four upper floors

100 Bunhill Row: secured planning for substantial refurbishment and an additional floor. Regeared the leases. Arranged over lower ground, ground and three upper floors

Sold: 2016