6 Duke Street, SW1
6 Duke Street, SW1
Acquisition of a 34,600 sq ft, freehold, multi-let, prime St James’s asset on behalf of Darin Partners.
6 Duke Street, W1 is a well-known St James’s freehold office and gallery building, comprising high end occupiers at ground floor and prime offices across six upper floors. The building was acquired from Abrdn at a time when there was still material covid-related uncertainty in the market and Darin were able to acquire the asset at attractive pricing.
At the time of acquisition the building was multi-let to 5 office tenants at an average rent of approximately £90 psf.
Since purchase, RX have advised Darin Partners on the letting of two floors at rents of between £110 – £125 per sq ft.
“We have been delighted with RX London's advice through the initial acquisition and subsequently as they have helped us move on the rental tone in the building. They are always responsive and give imaginative and well - considered advice.”
