City Development Fund

In 2006 Ardstone Capital acquired a portfolio of 3 prime development opportunities in the City of London. Developed to a Grade A standard, the assets were delivered into a challenging leasing market as the financial markets struggled in the 2008 downturn.

All three developments were successfully let and refinanced. The last remaining assets in this London development fund which when fully invested totalled £165m of prime office assets developed and managed by Ardstone Capital were sold in 2015.