Past performance is not a guide to future returns. An illustrative example. The presented asset is closed to new investors.
Overview
St Christopher’s Place is a Central London estate situated in a core West End location just off Oxford Street. This unique mixed-use holding comprises 172 lettable units across 40 buildings diversified across the retail, leisure, residential and office sectors. The asset offers a multitude of opportunity for accretive asset management in the delivery of leasing, repurposing and redevelopment initiatives, as well as the building of greater critical mass around this renowned estate.
Background
The strategy for St Christopher’s Place is firmly focused on growth with three key initiatives in place:
- Enhancing the Food & Beverage (“F&B”) offering at the estate. The conversion of traditional retail to F&B drives investment fundamentals through superior rents, longer leases and sharper capitalisation rates, while also enhancing the consumer experience and occupier dynamics of the estate.
- The recovery of Oxford Street. Significantly reduced business rates, the opening of Crossrail’s Elizabeth Line and a rebased rental tone boost occupier demand for Oxford Street.
- St Christopher’s Place as a West End office hub. Occupier demand for smaller floorplates is predominantly centred on fully fitted ‘Plug & Play’ space. Fitted space increases the optionality for occupier demand and materially reduces void periods, rent free periods and achieves higher rents. Whilst promoting the estate as an office campus, we are proactively repositioning suites to meet this key source of demand.
Insights
23 October 2024
Alternatives
Real Estate
UK Real Estate: Talking Points October 2024
UK Real Estate: Talking Points October 2024
Welcome to our quarterly snapshot of current real estate market trends.
18 September 2024
Alternatives
Real Estate
UK Real Estate – Overview Q2 2024
UK Real Estate – Overview Q2 2024
The UK economy recorded strong growth in the second quarter, with GDP growing by 0.6% in the 3 months to June, primarily led by growth in the services sector.
Read time - 3 min
17 July 2024
Alternatives
Real Estate
UK Real Estate: Talking points July 2024
UK Real Estate: Talking points July 2024
Political stability, rebased pricing, falling inflation and the expectation of rate cutting are collectively expected to provide a more supportive environment for UK real estate.
Read time 2 min
21 June 2024
Alternatives
Real Estate
Assistant Fund Manager
Green to gold: realising opportunities from the carbon transition
Green to gold: realising opportunities from the carbon transition
We explore the interventions required to monetise green energy, and how investors might benefit from the carbon transition.
Read time - 2 min
22 May 2024
Real Estate
Real Estate
UK Real estate – Overview Q1 2024
UK Real estate – Overview Q1 2024
Total returns for the UK commercial property market turned positive in Q1 2024.
Read time - 3 min
25 April 2024
Alternatives
Outlook
UK Real Estate: Talking Points April 2024
UK Real Estate: Talking Points April 2024
Our quarterly snapshot of current real estate market trends.
Read time - 2 min
15 February 2024
Alternatives
Real Estate
2024 Global Real Estate Outlook
2024 Global Real Estate Outlook
What's in store for real estate in 2024? Global megatrends and financial conditions will impact returns and sector allocation.
Read time - 4 min
12 December 2023
Alternatives
Real Estate
European Fund Manager, Real Estate
The resurgence of Europe’s luxury high streets is gathering momentum
The resurgence of Europe’s luxury high streets is gathering momentum
High street retail markets across Europe are benefitting from the solid recovery of tourism, both international and domestic.
Read time - 3 min
22 December 2022
Alternatives
Outlook
Real Estate: Preserving Value
Real Estate: Preserving Value
There was a definite air of positivity in European real estate markets in January and February 2022.
Read time - 4 min
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