CBRE SELECTED TO DELIVER PROPERTY MANAGEMENT SERVICES TO 20 FENCHURCH STREET
CBRE, the global real estate advisor, has been appointed by LKK Health Products Group (LKKHPG), to provide property management services at 20 Fenchurch Street.
LKKHPG acquired the building in August 2017 for £1.282bn, signifying the biggest ever single asset deal in UK history.
This iconic asset, designed by Rafael Vinoly, is one of London’s most prestigious buildings, and provides over 700,000 sq ft of modern world class space over 37 floors, with each floor offering panoramic views across the City of London. The building is also home to the Sky Garden, a unique public space landscape garden, including various destination bars and restaurants, attracting visitors from around the globe.
Paul Hewitt, Director of Asset Management, LKKHPG, commented: “CBRE were chosen to manage 20 Fenchurch Street after they demonstrated a strong customer focus and innovative approach to property management. They also showed that they understood our company culture, vision and values, which is extremely important to us. We are confident that the team at CBRE will build positive relationships and provide a superior customer and visitor experience, ensuring that our tower remains one of the best buildings in London.”
Nick Bark, Executive Director, at CBRE, commented: “We are hugely excited to have been selected to partner with LKKHPG to deliver property management services to 20 Fenchurch Street. This is an iconic building in London and we are proud to be partnering with LKKHPG to ensure that the building retains, and builds on, its prime status. We will be aligned to LKKHPG’s clear vision and values, and focused on enhancing the customer experience through both the physical environment and the use of technology.”
The instruction of CBRE’s Asset Services team complements services already provided to 20 Fenchurch Street by CBRE, including leasing, lease consultancy, valuation, rating, M&E services.
CBRE also advised Landsec on the sale of the building.