Endurance Land were delighted to welcome so many of the Agency community at their launch of One Three Eight Cheapside, London. Following completion of the 37,500 sq ft refurbishment project, now available to let. Despite the seasonal weather, 104 agents undertook a tour of the dramatically enhanced space over coffee and croissants. The reaction was […]
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 […]
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 […]
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 […]
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 […]
Endurance Land’s Grade A Mid Town office scheme, The Cursitor Building, has been short listed for the Best City Refurbishment category at the OAS Development Awards 2018. The OAS Development Awards is the only event in the property industry awarded by agents, recognising excellence in office development and transactions across the wider UK, City of […]
Endurance Land and partners Whitbread have secured planning permission for a mixed use redevelopment of the NCP car park on Farringdon Road in the London Borough of Islington. The planning consent presents the opportunity to demolish the existing multi storey car park to develop a part five, part six storey building comprising office, retail and […]
Endurance Land and Henderson Park have exchanged contracts to buy Athene Place in Mid Town from Commerz Real. German fund manager Commerz instructed Savills and GM Real Estate to sell the leasehold interest in the 137,541 sq ft building at 66-73 Shoe Lane for £120m in June reflecting a yield of 5.75%. The building, which […]
Aberdeen Asset Management and Endurance Land have instructed agents to sell the Cursitor Building, WC2, after completing a deal to lease the majority of the development to WeWork. Knight Frank has been appointed to seek offers in excess of £90m for the Midtown freehold. The price reflects a net initial yield of 4.5%. WeWork has […]
Endurance Land and funds of Angelo, Gordon are pleased to announce the letting of two floors to credit rating firm Experian Ltd at 160 Blackfriars Road, SE1 The letting is the first major transaction in the building since the joint venture’s acquisition in 2016. Experian decided to expand their London real estate portfolio adding to their […]
Endurance Land and Aberdeen Asset Management have completed the first lettings at The Cursitor Building on London’s Chancery Lane. A leading law firm have taken a 10-year lease on the 6,049 sq ft sixth floor at a rent which equates to £72 per sq ft. “Creating a first class work environment with our partners AAM […]
Over 150 West End and City office agents came though the doors of the Cursitor Building today in the building’s official launch to the market. Tours of the building were conducted, after which agents were able to enjoy fantastic food supplied by locals, Pie Minister. The sixth floor also played host to table tennis tables, where […]
Endurance Land and Aberdeen Asset Management’s, The Cursitor Building, has achieved a Wired Score Certification Platinum, an accolade which appropriately demonstrates the building’s enhanced digital infrastructure. Wired Certification is a commercial real estate rating system that enables landlords to understand, promote and improve their buildings’ connectivity. Wired score measures the aspects of developments and redevelopments that […]
160 Blackfriars Road, London SE1 has been acquired by Endurance Land and funds of Angelo, Gordon & Co from UBS. The transaction reflects a price of £61.845m (590/sq ft), a net initial yield of approximately 5.61% on passing rents and a reversionary yield of circa 8%.
On the 23rd March, the third London Hub by Premier Inn was officially opened by Managing Director of Whitbread Hotels & restaurants Paul Flaum. The ceremony was attended by the developers of the site, Endurance Land.
Endurance Land has been shortlisted by a panel of judges, composed of leading experts from the property industry, for “Specialist Company of the Year” category at the 2015 Estates Gazette Awards.