Thackeray Group has put the Assembly Rooms office development in Putney on the market at a price of more than €35.8m (£30m) after fully letting it. The company has appointed Tydus Real Estate and Knight Frank to sell the Assembly Rooms, the first new office development in Putney for over a decade. The price reflects a net initial yield of 4.65%. Designed by Jo Cowen Architects, it provides 26,624ft² of office and retail space over basement, ground and three upper floors, a gym and a panoramic roof terrace to ensure a healthy work-life balance. The decision to market follows the letting of the building to Gallaher Limited and NatWest.
Antony Alberti, CEO and co-founder of Thackeray Group, said: “The letting of the Assembly Rooms endorses our decision to carry out the first office development in Putney for a decade. It provides a fantastic urban lifestyle working environment with meticulous detail given to materials, integration of technology and energy efficiency. We believe the building will be a very attractive investment, given the quality of the tenants and the fact that sustainability and wellness form the core of the design”.
Thackeray was advised by BNP Paribas Real Estate and Frost Meadowcroft in the letting of the development; Gallaher Limited was advised by CBRE.
