JLL’s Property Asset Management (PAM) team appointed to manage 19-24 Dering Street
JLL appointed to manage mixed use c.£60 million property for Berlin-based investment firm, Caleus
JLL’s PAM team has been appointed to manage 19-24 Dering Street for Caleus, the Berlin-based investment firm. The multi-let property consists of office, gallery and leisure accommodation over seven floors.
In April 2022, JLL acted for L&G, when the West End asset was sold to Caleus for c.£60 million.
Chris Shaw, Client Relationship Director - Property & Asset Management said, “This appointment will enable us to deliver a full package of Property Management, smart building and sustainability solutions services that will unlock 19-24 Dering Street’s full potential and builds on JLL’s role in supporting Caleus’ entry into the UK market.”
Anthony Golosetti, Managing Partner at Caleus added, “At Caleus our DNA is in strategic investments and well-connected office locations where we can create high quality sustainable assets for communities. London is the main focus of our outbound investment strategy and we intend to accelerate our pace of acquisition in the city. Dering Street is a great canvas to deliver a best in class, ESG-centric asset where the quality of design matches the strength of the location.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.