Located in the heart of the City, Woolgate Exchange is one of London’s finest office developments providing over 350,000 sq ft of Grade A, high specification offices. The building is ideally located next to London Stock Exchange, the Bank of England and St. Paul’s Cathedral. Woolgate Exchange is let in its entirety to West LB Bank on a long-term lease and guaranteed by the German state government.
We acquired Woolgate Exchange as a secure long term property investment to take advantage of future rental growth in the City as the average rent in the building was £47.50 per sq ft. The lease structure offered the advantage on review of assuming 20 tenancies instead of the building being reviewed as one lease.
We acquired Woolgate Exchange as a secure long term property investment to take advantage of future rental growth in the City as the average rent in the building was £47.50 per sq ft. The lease structure offered the advantage on review of assuming 20 tenancies instead of the building being reviewed as one lease.
