Quadrant and Singapore-based investment partner purchase City of London office from USS
6 Gracechurch Street
Background
Acquired in August 2024 on behalf of a Taiwanese family office, on whose behalf Quadrant has been mandated to advise on the aggregation of a Central London core plus office portfolio, including the provision of Asset and Development Management services.
Asset Management Initiatives
The property was originated, underwritten and then acquired in a competitive process.
Since then, a proactive asset management strategy has been implemented resulting in the renewal of the first lease expiry.
Additionally, to guard against future value erosion, we have implemented a Decarbonisation project designed to move the building to being fully electric. This has included the replacement of the HVAC and BMS whilst maintaining full services for the occupiers.
To learn more about the sustainability of this project, visit our Gracechurch Sustainability case study.
What We Did
Originated and acquired a prime City of London office investment. Implemented a complex refurbishment and replacement of the majority of the plant. Delivering income returns consistent with the underwrite
- City of London, EC3
- Location
- Current
- Status
- Farglory
- Capital Partner
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Quadrant and Singapore-based investment partner purchase City of London office from USS
Meet
the team
Meet the team who worked on the 6 Gracechurch Street project
Johnny Armour
Office
Over 10 years’ experience across leasing, investment and asset management. Began his career at City-based office agency HK London, advising clients including Blackstone, Helical, UBS and Royal London, and qualifying as a Chartered Surveyor .Joined FTSE 250 REIT CLS Holdings PLC in 2020, asset managing 12 mixed-use assets (c.400,000 sq ft) across London and regional cities, delivering major lettings and repositioning projects. Took his IMC in 2021. Most recently worked client side for a private family office, managing a 40-asset mixed-use estate in Shoreditch (c.370,000 sq ft).
Johnny Armour's Projects
Robert Beeching
Investment
Having graduated from Reading University in 2016 with an MSc in real estate, Rob joined the Colliers graduate scheme. He qualified as a Chartered Surveyor in 2018 and completed the Investment Management Certificate.
During the 6 years spent at Colliers, Rob primarily worked in the London Capital Markets team, completing sales and acquisitions and advising a variety of private clients, institutional investors and developers. He had also gained prior experience at CBRE in London and Hong Kong and AXA Investment Managers.
Rob Joined Quadrant in January 2023 and assists the investment team with acquisitions and disposals across all sectors, with a focus on Central London offices.
Robert Beeching's Projects
Alice Liao
Investment
Alice is an accomplished real estate professional with broad experience in investment analysis, asset management, and development across the UK and Asia. Prior to joining Quadrant, she was part of Greystar’s London team, managing a £3.5bn portfolio and supporting business planning, refinancing, and asset disposal strategies. Her work focused on enhancing portfolio performance through value-add initiatives and disciplined financial analysis. Earlier in her career, Alice gained commercial real estate experience in Taipei, contributing to market research, client negotiations, and government-led property projects. She brings strong analytical expertise and a global perspective to her role at Quadrant.
Alice Liao's Projects