Case Study

Redevelopment Opportunity

Chiswick

Recoveries & Receivership

Redevelopment Opportunity
  • February 2019 appointed receivers over Ravenscourt Hospital Chiswick a listed 200,000 sqft hospital which had been vacant for 10 years
  • Many building and security issues to be dealt with on appointment to comply with insurers requirements
  • Receivers prepare the asset for sale, conducting agent beauty parade and appointment of agent
  • Managing the sales process including bids in a softening market
  • Closing sale at a level permitting full recovery of the principle loan

Status: Sold 

Purchaser: Confidential 

Sale Price: £51m 

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