There is a responsibility to deliver value from this sale. Henderson can do this by creating new opportunities, and is likely to plug the site into its existing portfolio in the wider Central area.
As building quality becomes a key driver for occupiers, landlords need to make sure they are not being left behind in the market and upgrade their premises.
Valuation influences policymaking by providing insights to the government into land supply, land administration policy as well as implementation of redevelopment plans.