Tristan Capital Partners And Cording Real Estate Group Acquire Holborn Links Estate In London For £245M
137 144 High Holborn, Holborn, London Wc1 V 6 Pl, Uk
$245,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 1, 2020
AI
The Holborn Links estate in London has been sold for a staggering £245,000,000. The property, which encompasses office and retail spaces, was the subject of a recent transaction. LabTech Investments, the seller, successfully closed the deal with the buyers, Tristan Capital Partners represented by Nicho Jenkins, and Cording Real Estate Group represented by Mark Millar.
Summary of transaction details
- Property Type: Office & Retail
- Transaction Amount: £245,000,000
- Seller: LabTech Investments
- Buyer: Tristan Capital Partners - Nicho Jenkins, Cording Real Estate Group - Mark Millar
Nicho Jenkins, on behalf of Tristan Capital Partners, and Mark Millar, representing the Cording Real Estate Group, were the key individuals involved in the transaction. Together, they successfully negotiated the purchase of the Holborn Links estate. This deal signifies a significant investment in the London market, further solidifying its position as a thriving hub for office and retail space.
Players
London Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93