Evaluating an international investment opportunity.

You have been employed by a UK$-$based investor who is considering the acquisition of one of the

two following $3-$star Office properties in Central London, UK$.$

$1-3$ College Hill City Core West Office Submarket London, EC$4$R $2$RA $$ Investment type:

Value Add; located in Central Business District $($CBD$).$

$113-117$ Wardour Street Soho Submarket London, W$1$F $0$UN $$ Investment type: Core;

located in Central Business District $($CBD$)$

For the property chosen, you must demonstrate how it meets the characteristics of the investment

policy.

Across the project, all your assumptions and critical reasoning should be clearly explained and

must be supported by an appropriate market analysis which basically includes quantitative analysis

of market activity$/$pricing$.$

$$ Quantitative evidence might include local and regional economic data, rents and yields, vacancy

rates, development activity, specific urban policy etc.

Your recommendation should also note if the investment is dependent upon certain investment

strategies being adopted. This should include issues such as holding period and gearing. Broad

financial analysis is expected, but a detailed cash flow analysis is not required $($assume the client

will do the due diligence before the transaction is progressed$)$