CERN’s Monumental Purchase!

Hot on the heels of their purchase of 10 Dean Farrar Street SW1 in December the CERN Pension Fund completed their purchase of Monument Place, 24 Monument Street EC3 on 16th March.

This 80,000 sq ft landmark building, situated next to Christopher Wrens’ monument to the great fire of London, is the jewel in the crown of CERN’s European property portfolio and confirms their continued commitment to the London commercial property market. The building was completed in December 2013 and following fierce competition from prospective tenants is now almost fully let.

As with all of CERN’s acquisitions to date, Kinney Green assisted throughout the due diligence phase pre-purchase and have been instructed to undertake the ongoing management of this prime asset.

For similar focused acquisition advice at partner level contact Stephen Griffiths or Jonathan Burt.

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