The Kodak.

Retrofitting is the greenest option. In 2019, we bought a Grade II listed office, originally constructed in 1911 as Kodak’s European headquarters.

The renovation involved removing the existing top floor, adding two new floors, creating a communal rooftop terrace, and relocating the building’s core. The concrete casing was removed from the building columns to reveal the original iron cast work and other period features.

The building was transformed into a well configured, amenity rich, energy efficient workplace retaining the best of the past, but incorporating hotel quality end of journey facilities, communal roof terrace and impressive new Keeley Street entrance.

Environmental and financial waste has been further limited by offering the majority of the floors in a ‘shell and floor’ condition avoiding the need to remove the initial fit out to accommodate each tenant’s design. The redevelopment is set to earn a series of ESG accreditations, including BREEAM ‘Excellent,’ WELL ‘Gold,’ WiredScore ‘Platinum,’ and EPC ‘A’.

Monza.

In 2013 we deployed and recycled debt in joint venture with Blackstone, abrdn, Morgan Stanley and Partners Capital (Phoenix), providing loans in excess of £10m to residential developers across London and the South East. The concept originated from the identification of a funding gap combined with strong demand for both the debt and the completed product.

The platform was fully realised in 2020, following all 32 loans being repaid.