Endurance Land and Angelo Gordon buy 1-5 London Wall Buildings

Endurance Land and Angelo Gordon purchased the interest following a competitive bidding process managed by Cushman & Wakefield on behalf of the City Corporation.

The 19,445 sq m (209,307 sq ft) Grade II listed building produces an annual rent of £4m from 36 tenants and offers the opportunity for a phased refurbishment or full refurbishment in 2022.

Jonathan Fletcher, CEO Endurance Land, said: “The purchase is our second JV with Angelo Gordon and we look forward to working with them and the City of London Corporation to deliver a first class building in an outstanding location”.

Mike Diana, Managing Director Angelo Gordon, said: “We are delighted to have worked with the City of London Corporation to acquire 1-5 London Wall Buildings with our partner Endurance Land. The purchase gives us a fantastic opportunity to refurbish a historic asset that is ideally located to benefit from the impending completion of Crossrail and the reactivation of Finsbury Circus”.

Letting at 66 Shoe Lane

Endurance Land and Henderson Park pre lease 73,500 sq ft at 66 Shoe Lane, London, EC4

The Deloitte building formerly known as Athene Place has been pre let to Deloitte.  Over the summer, HP and Endurance Land have been negotiating the early surrender and subsequent pre-lease, back to Deloitte for the consolidation and expansion of their Digital arm. The 73,500 sq ft leasing comprises approximately 50% of what will be a […]

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Endurance Land and Nan Fung Group Announces Strategic Partnership

Nan Fung has taken a majority shareholding interest in Endurance Land, the Central London property developer and investor.  Jonathan Fletcher, who founded Endurance Land in 2006, will continue to lead the company as CEO and build on Endurance Land’s strong track record in the London market. Nan Fung Group will commit capital and resources to […]

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Cursitor Building Sells

Aberdeen Standard Investments and Endurance Land have completed the sale of The Cursitor Building on Chancery Lane to Deka Immobilien for £86.0m. The price paid by the German fund manager represents a net intial yield of 4.71% and a price per square foot of £1,166. The building was fully let – within 6 months of […]

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