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Memery Crystal advise DAO Estate on Hampstead High Street acquisition

04/03/2021

At a glance

The real estate team at Memery Crystal have advised long-standing client DAO Estate on the acquisition of 57-64A High Street, Hampstead. The iconic property, located in a prime pitch on the south side of the High Street, comprises a handsome terrace of 9 retail units spread across 8 separate buildings.

The retail units, let to an eclectic range of independent and well-known brands including Gail’s, Space NK, Sushi Shop, Bimba Y Lola, Save The Children, Joe & The Juice, L’Occitane, Jane & Dada, and Brandy Melville.

The Memery Crystal team on this transaction was led by our co-head of real estate Daniel Abrahams, and included real estate senior associate Craig Jones, real estate director Helen Abel, tax partner Alex Barnes, corporate director Krishen Patel, planning consultant Claire Saffer, and construction associate James Ashwin.

Commenting on the deal, Daniel Abrahams said: “We are delighted to have advised DAO on the acquisition of this prime North London investment. This 100% let, unbroken parade located in one of London’s most recognisable areas represents a fantastic acquisition for our client.

(Image via niche property retail advisor CWM)

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