21–26 Garlick Hill, EC4
Sometimes the best advice isn’t about how to sell an asset, it’s about whether the transaction itself should look different.
Acting for the private family that retained the freehold interest, Kauffmans recognised that bringing the freehold and long leasehold interests together would create a significantly more compelling proposition for the market than either ownership could achieve independently. A coordinated disposal not only simplified the ownership structure but also provided greater flexibility for the purchaser to bring forward a future hotel-led redevelopment.
By removing the complexity associated with split ownership, the transaction created a clearer pathway for future change of use and comprehensive redevelopment, enabling the purchaser to underwrite the opportunity with greater certainty and unlocking value for all parties.
Working alongside the City of London Corporation and their advisor RX London, we helped align the interests of both ownerships and facilitate the successful sale of the combined interests to SG Rocks.
