HOME ABOUT US PARTNERSHIPS PROPERTIES COMMUNITY CASE STUDIES NEWS CONTACT For any media enquiries please contact: Darren O'Connell Kajima Partnerships Limited 55 Baker Street London W1U 8EW E darren.oconnell@kajima.co.uk NEWS 2015 2014 2013 2012 2011 2010 2009 2008 Monday 6 July 2015 KAJIMA AND HULIC SELL 103 MOUNT STREET TO MEYER BERGMAN FUND FOR C£80M Kajima Properties, with their partner Hulic, are pleased to announce that they have completed the sale of their interest in 103 Mount Street in Mayfair, W1 to a fund managed by specialist retail investment manager Meyer Bergman for c.£80 million. The long leasehold prime office and retail property was purchased in 2009, and as asset managers for the owners Kajima have implemented a number of initiatives to maximise both the returns to shareholders and the capital value of the property, including securing a change of use for the ground and basement floors to create an anchor super-prime retail unit, now let to Celine, part of LVMH Group. The disposal has resulted in a substantial return to shareholders and demonstrates the demand for high quality commercial London assets in premium locations. John Harcourt of Kajima said that: “103 Mount Street has performed extremely well for Kajima and our partner. The strength of demand for super-prime London assets combined with the relative maturity of the asset suggested that now seemed an excellent time to crystallise our returns and recycle capital into new opportunities.” Kajima and Hulic were advised by DTZ and Berwin Leighton Paisner. TAGS: © Copyright 2015 Kajima Europe Privacy Sitemap Terms & Conditions Quick Links

HOME ABOUT US PARTNERSHIPS PROPERTIES COMMUNITY CASE STUDIES NEWS CONTACT Registered Office: Kajima Partnerships Limited 55 Baker Street London W1U 8EW Registered in England No. 3841821 VAT Registration No. 523 3086 71 LONDON 55 Baker Street, London W1U 8EW T: 020 3075 1800 | F: 020 3075 1899 | E: enquiries@kajima.co.uk NEWCASTLE 20 Kingsway House, Kingsway, Team Valley, Gateshead, NE11 0HW T: 0191 260 5336 | E: enquiries@kajima.co.uk London map Download © Copyright 2015 Kajima Europe Privacy Sitemap Terms & Conditions Quick Links