City of London Corporation puts freehold of South Molton Street Estate up for sale

By
BE News Team

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The City of London Corporation has put the freehold of its South Molton Street Estate in London’s Mayfair up for sale.

The circa 46,250 sq ft estate comprises 19 directly managed freehold assets and 34 freeholds subject to long leasehold interests  

Proceeds from the sale will be reinvested by the City of London Corporation, with a particular focus on the Climate Action targets of its investment property portfolio.

The corporation has instructed CBRE to sell the South Molton Street estate, which is best known for its high-end retail mix, with brands along the thoroughfare including Sandro, Maje, Les 100 Ciels, and BA&SH.

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