Client: Mount Anvil
Forty were instructed as asset managers to work in-house at Mount Anvil to manage the commercial elements of mixed-use schemes. We were successful in securing Sainsbury’s to enter into a new lease to take 14,000 ft2 along with Pret a Manger to take 2,400 ft2.
Forty co-terminously ran an agreement to forward sell the freehold of the commercial elements and ground rent of the residential upper floors to DTZ Investment Managers at a global price of £29 million. Due to Forty’s detailed knowledge we were able to secure a final sale price substantially in advance of Mount Anvil’s expectation.