Valuation of Prime City of London Development
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The Challenge
Mitsubishi Electric instructed Cushman & Wakefield’s Valuation & Advisory team to value Paternoster Square in London for loan security purposes. The 1 million sq ft mixed retail and office development is located in the heart of London’s financial district in the shadow of St Paul’s Cathedral and is home to the London Stock Exchange.
The Solution
Utilising Cushman & Wakefield’s position as London’s Real Estate Partner and its expansive knowledge of both the retail and office sectors , the Valuation & Advisory team was able to value this Prime City Development for Mitsubishi Electric.
The Results
Paternoster Square was valued in an expedient and detailed manner to the client's satisfaction.