Mishcon de Reya has advised KF Property Holdings, a privately owned residential property investment firm, on more than £60 million of transactions across its London portfolio. This includes the acquisition of 4–12 New Cavendish Street, Marylebone, and the disposal of its “Park Portfolio” to real estate investment and development firm Leufroy in a £28 million transaction.
The Park Portfolio comprises prime London residential assets at Two Pembridge Square, Harrington Gardens and Vicarage Gate. The disposal forms part of KF Property Holdings’ ongoing programme of portfolio optimisation, freeing up capital to rotate into higher-quality residential buildings in prime central London locations. Alongside this, KF Property Holdings has expanded its footprint in Marylebone through the acquisition of 4–12 New Cavendish Street, a mixed-use retail and residential building.
This reshaping forms part of KF’s active capital recycling strategy. Against a UK market backdrop of continued focus on high-quality, well-located residential assets, the transactions enable KF to realise value from existing holdings and redeploy capital into best-in-class stock in prime central London.
The Mishcon de Reya team advising KF Property Holdings on the Park Portfolio disposal was led by partner Matthew Bowles.
With over 140 fee earners, including 46 partners, Mishcon de Reya's Real Estate department is one of London's largest and most diverse property teams. Our Real Estate department includes well-regarded specialist practice areas and provides a one-stop shop for all of our clients' property requirements, delivering a seamless service from investment, structuring, funding, acquisition and planning, through to construction, development, tax and litigation advice. Real Estate is one of the three key strategic sectors outlined in the firm's Vision 2030 strategy.