Investor consortium acquires 65 Kingsway for £59m

Clearbell Property Partners and three international co-investors have acquired London office block 65 Kingsway, WC2, for £59m. The freehold 70,440 sq ft office block was bought by Clearbell Property Partners and additional capital was sourced by three other investors from the US, France and Finland. The building was formerly the headquarters for Kodak but is now occupied by tenants including international education charity Ark, men’s shirt store Eton, fitness chain Arena 8, and Soho Coffee Shops. Capital Real Estate advised the seller; Clearbell was advised by Fairbrother and BCLP. Laxfield Capital provided the loan facility. It is Clearbell's first