Cushman & Wakefield advises Hines on £380 million 25 Cabot Square Sale

The London Capital Markets team at Cushman & Wakefield has advised Hines on the £380 million disposal of The Cabot, 25 Cabot Square in Canary Wharf, London to Link REIT.

The London Capital Markets team at Cushman & Wakefield has advised Hines on the £380 million disposal of The Cabot, 25 Cabot Square in Canary Wharf, London to Link REIT.

The 17-storey 481,605 square feet building is located in the heart of Canary Wharf and is let to a number of tenants, including Morgan Stanley and UK government departments. Over the past six years this Grade A asset has undergone extensive refurbishment and extension work which has increased the retail amenities and seen the public realm across the site re-landscaped. 

Martin Lay, Joint Head of London Capital Markets at Cushman & Wakefield, said: “The sale of 25 Cabot Square is the largest deal to have taken place in London this year and demonstrates the green shoots of activity we are seeing in the office market following the COVID-19 lockdown. This landmark deal confirms the enduring appeal of London office assets and the UK as a key destination for overseas investment.”

Andrew Hawkins, International Partner at Cushman & Wakefield, added: “Cushman & Wakefield's London Capital Markets team, along with Hong Kong colleagues, have been working closely with Link REIT for nine months, discussing their entry point into London. We are delighted that they recognised the strong fundamentals of Hines’ development and the excellent growth characteristics of Canary Wharf.”

Link REIT is the largest REIT in Asia and this deal marks their first transaction in the UK and only their second outside of Hong Kong and Mainland China, following their acquisition of 100 Market Street in Sydney, where Cushman & Wakefield also acted on the sell side.


Lauren Joselyn Cushman & Wakefield


Novotel Hotel, Paddington Village, Liverpool
Liverpool City Council signs Accor and Legacy for New Concept Novotel Hotel

Liverpool City Council has selected Accor’s new design Novotel as the franchise brand for a new 221-bed flagship hotel which will form part of the award-winning Paddington Village development in the city’s Knowledge Quarter. 


Moog Controls Exterior CGI
Funder Sought for Prime Industrial Investment

Property development and investment company, Barberry Industrial has launched its search for a forward funding partner for a prime, long-income industrial investment let to Moog Controls. 


QIAGEN Reception CGI
C&W Awarded QIAGEN Citylabs 2.0 Brief

QIAGEN, a global leader in Sample to Insight solutions for molecular testing has appointed Cushman & Wakefield to provide Project & Development Services for its £35m new base in Manchester. 


Oxford Street, London

Central London MarketBeat

Central London Marketbeat provides an overview of the occupational and investment markets across Central London on a quarterly basis.

Hayley Armstrong • 05/02/2020
Insights • Forecast / Outlook

Outlook 2020: Central Business Districts

Should we leave CBDs behind? The Central Business District used to be the beating heart of a city. In recent years, however, changes in behaviour, technology and economic life have led to a greater spread of activity.
Andrew Phipps • 03/12/2019
London Big Ben Westminster Bridge sunset
MarketBeat • Insights

UK MarketBeat

Cushman & Wakefield MarketBeat reports analyse quarterly UK commercial property activity across office, retail and industrial real estate sectors including supply, demand and pricing trends at the market and submarket levels.


Get in touch with one of our professionals.