HILTON PARK LANE

  • The property occupies a full island block in Mayfair.
  • Subject to a long lease to Hilton, the rent review was outstanding.
  • Behind the tower, the rear part of the site was low rise.



INVESTMENT STRATEGY ACHIEVED

  • Rent review was agreed with Hilton, leading to a substantial rise in the rent due.
  • Plans were drawn up to potentially convert part of the site to residential.
  • Opportunity identified to increase the massing on the rear element of the site.
  • An aggressive financing and refinancing strategy was pursued that allowed a significant refinancing gain to be achieved.