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London Business School acquires properties at The Regent's Park and Marylebone Road

London Business School
London Business School has acquired a major new building adjacent to their Sussex Place home on The Regent's Park, advised by Delancey. Acquired from the Royal College of Obstetricians and Gynaecologists (RCOG) and the Crown Estate, the neighbouring 60,000 sq ft 27 Sussex Place building joins London Business School's impressive portfolio and will see RCOG take a lease back for up to three years, following which they will relocate away from The Regent's Park.
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The Crown Estate
Delancey
London


Supporting London Business School's ambition to provide more space for research and teaching, Delancey has also worked to maximise London Business School's existing land-holdings. At their Sussex Place site, planning permission was achieved to increase the site from 200,000 sq ft to 300,000 sq ft and an important re-gearing of an existing lease with the Crown Estate was secured. This has enabled the school to pursue their ambition to remain in situ for the next 125 years – an ambition significantly bolstered by a €29.4 million (£25 million) donation from British chemical engineer and industrialist, Jim Ratcliffe in June of last year.

Mark Enderby, Development Director for Delancey commented: „We are delighted to support London Business School in their ambition to build their property portfolio, which will allow the School to prosper financially and hopefully house some of the world's new business leaders for generations to come. We look forward to continuing to provide advisory services for London Business School.“