wells&more is a 116,000 sq ft mixed-use commercial scheme in the heart of Fitzrovia, comprising 97,342 sq ft of Grade-A office accommodation across seven floors, with private terraces on the fourth and fifth floors, two retail units and a communal courtyard.
The scheme holds strong sustainability credentials, including an EPC B rating and a SKA Gold certification. The offices are currently let to a range of blue-chip occupiers including Heineken, Synova Capital and Lionsgate, and benefits from excellent transport links, sitting within a short walk of Oxford Circus and Tottenham Court Road, providing direct Elizabeth Line connectivity.
The acquisition reinforces Feldberg’s long-standing focus on Central London office assets in high-conviction locations, a strategy that has previously delivered investments including 8 Bloomsbury Street, 21-25 Bedford Street and Ariel House for its brown-to-green fund, Cora, and its most recent £186m acquisition of Park House on behalf of ENKA in October 2025.
For further information, please contact:
For Feldberg Capital in the UK:
| Henry Columbine /James Carnegie |
+44 (0)7287 486224 |
| SEC Newgate | feldberg@secnewgate.co.uk |
For Feldberg Capital in Germany:
| Jorge Person | +49 1512 1256 448 |
| Targa Communications | jp@targacommunications.de |
David Turner, Chief Investment Officer at Feldberg Capital, commented:
“This acquisition reflects our strong conviction in the Central London office market, underpinned by extensive market research and occupational data. The combination of attractive entry yields, significant day-one rental reversion of typically 20-30%, and the potential for further rental growth of more than 25% over the medium term creates a compelling risk-adjusted investment case. With many of the leading research houses now forecasting an inward yield shift over the next five years, the outlook for investors is becoming increasingly positive.”
Jamie Acheson, Head of UK Investment at Feldberg Capital, said:
“wells&more is a fantastic building in a prime, growth area, which perfectly embodies our investment thesis for Central London. Our sourcing capabilities across the London investment market continue to generate compelling opportunities, and we believe the current point in the cycle offers exceptional value for our investors. It is a pleasure to be working alongside Balder on this transaction, a long-standing client and valued partner whose vision and conviction in the Central London market is closely aligned with our own.”