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Lion Plaza | Fully Syndicated

The investment offer presented an opportunity to invest in Lion Plaza, a newly constructed trophy building with Grade A office and retail spaces in the centre of the City of London. The Fund offers distributions of 6% per annum, and significant tax efficiencies may be achieved through the use of SIPPs to hold this investment.

The property represents everything which characterises Britain’s capital city: a historic facade dating back in its origins to the 19th century and a completely redeveloped complex comprising 25,000 sqm of modern high quality office space as well as retail premises. The open plan, column free floor space is exceptionally flexible and therefore attractive to a range of professional services sector tenants.

The property was completed in February 2005 and purchased in November 2005 prior to the substantial rise in property values experienced in 2006 and 1Q 2007.

Tenants
Major tenants are the international law firm White & Case (until January 2030) and the insurance services group AXA (until June 2020). Every five years an upward-only rent review adjusts rents to current market values.

Summary
Lion Plaza represents both the traditional and the modern, and therefore everything London stands for. Thanks to its excellent location, its top grade building complex and to the long-term leases, investors in Lion Plaza can continue to profit from stable income. The UK tax environment, which is particularly attractive for German investors, is another positive feature of this investment.

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Key Facts

Investment Type
UK real estate participation

Asset
Modern grade A office and
retail complex in the City of London

Lease
Fully let with an average remaining tenor of approx. 16 years