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Screening

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One Crown Place · EC2A 4BX, City of London

Screening Summary

One Crown Place is progressing through screening with positive initial indicators. Market research confirms strong City of London office fundamentals with vacancy at 6.8% and prime rents stable at £75/sqft. The property's 195,000 sqft across 23 floors is well-positioned in the EC2 submarket. Three comparable transactions in the past 12 months support the proposed valuation. The AI-generated screener deck is ready for review with a recommendation to proceed to Investment Committee.

£350M loan
City of London
Screening started Jan 18
In Progress
Market Research

AI-gathered market intelligence

The City of London office market shows continued recovery with vacancy rates declining to 6.8% in Q1 2025, down from 8.2% a year ago. Prime rents remain stable at £75/sqft with limited new supply expected through 2026. The EC2 submarket benefits from proximity to tech hubs and strong transport links.

Vacancy Rate-1.4%

6.8%

Prime RentStable

£75/sqft

Avg Cap Rate+0.2%

5.2%

Comparables

3 deals

Recent Comparables

22 Bishopsgate
£1.25B4.8%Nov 2024
100 Liverpool Street
£680M5.1%Sep 2024
1 Finsbury Avenue
£420M5.3%Jul 2024
Generate Output

AI will analyze documents and market data to produce a screening presentation

Screener Deck
Draft Ready for Review

Generated: Today at 2:34 PM

  • The 42-slide deck covers property overview, market positioning, and preliminary risk factors
  • NOI analysis shows 5.8% net initial yield with potential upside from lease renewals
  • Comparable transactions support the £285M valuation within 5% variance
  • Key risk: Largest tenant (22% of NRI) lease expires in 18 months