Location
London, EC1
Size
158,414 sq ft
Background
225 City Road comprises a new build office, residential and retail scheme designed by AHMM. Following financial restructuring Quadrant have been appointed as Asset and Project Manager to carry out further enhancement works, then successfully lease and dispose of the asset.
225 City Road is situated on a peninsular site, within a five-minute walk of Old Street Station in the City fringe. The 158,414 sq ft of Grade A office accommodation is targeting EPC ‘A’, BREEAM ‘Excellent’, Well ‘Gold’ and Wired Score ‘Platinum’, as well as having high-quality amenities.
Quadrant’s Role
- Managing further works and enhancements, defects, snagging and rectifying any issues following practical completion.
- Managing review of historic and ongoing statutory issues, as well as an overview of Property Management and financial monitoring.
- Leading the marketing, leasing and sale of the asset post stabilisation.
Business Plan
The objective is to stabilise the asset and exit at the most opportune time. We will make improvements to the building in the short-term to improve its marketability and profile, with a view to maximising the potential exit value.