Biggest Deals, The Top Performing Shares — London 2017 In Lists

Everyone loves an end-of-year list, so here are the lists which tell you everything you need to know about London real estate in 2017.

Top 5 Investment Deals

Although trophy office buildings dominated the headlines, significant deals were also struck for hotels and prime residential development schemes, according to Real Capital Analytics.

• 20 Fenchurch St., £1.3B, bought by Lee Kim Keen from a consortium including Landsec and Canary Wharf Group

• The Leadenhall Building, £1.15B, bought by CC Land from British Land and Oxford Properties
  
  
• The Grosvenor House Hotel, £550M, bought by Ashkenazy Acquisition from Sahara India Pariwar
  
  
• Cannon Place, £485M, bought by Deka from Hines and HSH Nordbank
  
  
• Nine Elms Square residential development site, £470M, bought by R&F Properties and CC Land from St. Modwen and Vinci

Top 5 Buyers

Deka is the only company to break the hegemony of Asian investors spurred on by the fall in the pound, according to RCA.

• CC Land, £1.9B
  
  
• Lee Kum Kee, £1.3B
  
  
• Deka, £859M
  
  
• R&F Properties, £688M
  
  
• Cheung Kei, £680M

Top 5 Sellers

Brookfield and Blackstone cashed in on acquisitions made during the last few years and U.K. REITs returned cash to shareholders.

• Brookfield, £887M
  
  
• Landsec, £760M
  
  
• Blackstone, £690M
  
  
• British Land and Oxford Properties, £590M each
  
  
• M&G, £445M

5 Biggest Leasing Deals

Co-working companies leased the most overall, but a bank still took top spot in 2017, according to JLL.

• Deutsche Bank leased 495K SF from Landsec at 21 Moorfields in the City
  
  
• Aegis leased 310K SF from British Land at 1 Triton Square north of the West End
  
  
• WeWork leased 283K SF from Almacantar at 2 Southbank Place near Waterloo
  
  
• HMRC leased 270K SF from Westfield at Stratford City
  
  
• Freshfields leased 251K SF from Brookfield at 100 Bishopsgate in the City

5 Biggest Buildings Opened In 2017

According to data from Deloitte, development manager Stanhope had one heck of a year.

• Bloomberg Place in the City, 669 SF, built by Bloomberg and Stanhope and occupied by Bloomberg
  
  
• Principal Place in the City, 602K SF, built by Brookfield and occupied by Amazon
  
  
• Angel Court in the City, 300K SF, built by Mitsui Fudosan and Stanhope, occupied by tenants including BUPA and the British Bankers Association
  
  
• The Westworks in White City, 296K SF, built by Mitsui Fudosan, Stanhope and Aimco, occupied by ITV
  
  
• The International Quarter S6, 286K SF, built by Lendlease, LCR and Legal & General, occupied by Transport for London

5 Best-Performing Real Estate Shares

Not an office or retail firm in sight as the listed sector was dominated by industrial and self-storage companies, according to data from Green Street and Bloomberg.

• Safestore, total return 46%
  
  
• Segro, 36%
  
  
• Big Yellow, 28%
  
  
• Hansteen, 28%
  
  
• Workspace, 23%

5 Biggest Funds Raised In Europe In 2017

Blackstone unsurprisingly raised more capital in Europe than anyone else, according to Preqin, but regional managers like Orion and Palmira also fared well.

• Blackstone Real Estate Partners Europe V, €7.8B
  
  
• Palmira Logistik Europa Fonds, €1.5B
  
  
• Orion European Real Estate Fund V, €1.5B
  
  
• Pramerica Real Estate Capital VI, £1B
  
  
• DRC European Real Estate Debt Fund III, £600M