International
Investment
50-52 Commercial St. Spitafields, E1 (Commercial St.)
Commercial St is a modern office building in the popular sub-market of Spitafields,just east of Bishopsgate.The building is fully let to strong covenants and produces a healthy annual income in excess of €600,00 pa.
133-137, Spring St. Soho,
NY 10012
Historical transaction involving the acquisition and sale of a mixed use residential and commercial office building in the chic Soho District in downtown Manhattan.
Spring St compromises over 34,000 sq ft of lettable space anchored by retailers Burberry & Diesel on the ground floor with office and loft apartments on the upper floors.
Bought for $42m and sold 6 years later for c. 3 times the acquisition price, this proved a very shrewd investment for investors which included CMP JV Partners, Madison International Realty & Promoter Vartry Capital Partners.
55 Railroad Av. Greenwich, Connecticut. (55 Railroad Av.)
Historical transaction involving the acquisition and sale of retro-fitted prime office space in Greenwich Connecticut, the hedge fund capital of the US.
55 Railraod Av was acquired for high net worth families sourced by Enda Connolly. The Promotor Vartry Capital Partners secured a very successful sale 3 years later for $142.5M on the back of their astute asset management. Investors enjoyed a return of 2.5x their equity on this investment.