Office letting in Hammersmith – RPMI Railpen has signed fashion company Renfold for 1,611 sq ft of offices at Thames Wharf Studios, Hammersmith well known architectural property in west London paying £55 per sq ft on a 5 year lease.
Office Letting in Hammersmith to RPMI Railpen, the investment manager for the £28bn railways pension schemes. RPMI Railpen purchased the riverside office scheme in January this year.
Renfold join a range of creative businesses there including fashion company MIH Jeans, Olivier Mythodrama, architects John Heah and Co and yacht designers Eidsgaard Design. There remains 5,000 sq ft available at the 46,000 sq ft scheme.
Thames Wharf Studios is the former Richard Rogers HQ and home to River Café. RPMI Railpen will be refurbishing the scheme. Also at the scheme Re:Centre will soon be opening, offering an on-site café, events & exhibition space, yoga studios and treatment rooms.
Frost Meadowcroft and Hanover Green advised RPMI Railpen.
Costar News 18 April 2018
Office sale in Hammersmith -Thames Wharf Studios was Sold in January 2018
Livingstone brothers sell Hammersmith home of River Cafe in £40m deal
JOANNA BOURKE Friday 12 January 2018 Evening Standard
The billionaire property moguls Ian and Richard Livingstone have boosted their coffers by £40 million by selling a chunk of west London property which includes the River Café, the Evening Standard can reveal.
RPMI Railpen, the British investment manager for the Railways Pension Scheme, is buying Thames Wharf Studios.
The 46,706 square foot space on the River Thames, which comprises offices and homes, has been sold by the publicity-shy brothers’ London & Regional business. A deal at close to the £40 million asking price is understood to have been agreed.
Part of the plot is used by the upmarket River Café, which counts actor Jake Gyllenhaal as a fan, and is where Jamie Oliver made his name.
RPMI Railpen said there is scope for further development, “adding to its long-term value and helping us to meet our mission to pay members’ pensions securely, affordably and sustainable”.
The sale is expected to help swell the wealth of the Livingstone Brothers, whose fortune is estimated to be £3.7 billion. Their empire includes Cliveden House in Berkshire and office buildings.
Property agents Allsop and Nightingale Partners advised on the deal.
