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Off Market Purchase:
Gartmore House
8 Fenchurch Place, London EC3
Gartmore House is located above Fenchurch Street Station in the heart of the City of London’s insurance district.
The office development was originally completed by Norwich Union in 1987 to a high quality specification. The accommodation is arranged over lower ground, ground and five upper floors.
The building was let to Gartmore Investment Management for a term expiring in September 2012.
We acted on behalf of PMB Holdings and purchased the property for £32,700,000.
Update: The building was marketed for £86,000,000 and has now been sold making a very significant profit