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The Binary
Copperfield Street, SE1
AcquiredQ1 2018
StrategyValue Add
Mandate/FundFabrix i2
Target IRR+12%

Asset Description

The Binary (rebranded from Olwen House) is a former police premises extending to 15,885 sqft GIA arranged over ground, first and second floors.

The site extends to 0.18 acres with a car park/yard to the west of the building.

Asset Management Strategy

The building was comprehensively refurbished following successful change of use from Sui Generis to B1 office accommodation. The works included exposing the height and volume of the existing structure and creating art inspired spaces. We installed perimeter glazing and constructed an outdoor event space for tenants as well as wider community programmes and charities.

The majority of the building was pre-let to Leon Restaurants for a new HQ and is in the process of being refinanced.

3D Walkthrough