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Case Study

Bishops Square, London, E1

Jones Lang LaSalle UK - Valuations Case Study - Bishops SquareIn June 2009 we provided valuation and due diligence advice to the Oman Investment Fund who acquired a 75% stake in the joint venture that owns this substantial office and retail development on eastern edge of the City.

This landmark office development comprises 71,846.9 sq m (773,360 sq ft) of office accommodation, 17 retail shops, four restaurants and eight residential flats. The offices are let to Allen and Overy LLP until 2030. The Market Value was circa £445 million.

We provided full due diligence support on the transaction preparing a comprehensive report and valuation of the asset. This was the largest transaction to occur in the City in 2009 and the first one over £400m since early 2008.

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