David King

Development Advisor

David King formed Central and City properties in 1972 and since that time has completed over 40 developments in The City and West End of London ranging in size from 3,000 sq ft to 350,000 sq ft.

The company was noted not only for identifying its own development opportunities and successfully negotiating off market deals but also pioneering development in the then fringe locations of Spitalfields and Aldgate. Many of these projects required long-term complex site assembly negotiations (freehold, leasehold and vacant possession).

David managed all purchases, planning, community relations, construction, marketing and leasing. He worked closely alongside the various financiers and bankers involved in the projects including; United Dominions Trust, Hill Samuel, Western Heritable Investment Company, NatWest Bank, Morgan Guaranty, Bankers Trust, DKB of Japan, Chase Manhattan, Shimizu Corporation of Japan, Bank of Ireland, and Allied Irish bank.

He also initiated and managed joint-venture partnerships with amongst others Western Heritable Investment Company, Caledonia Investments PLC and Grainger Trust.

David has recently advised on the development and management of two multi-let City buildings (each circa 60,000 sq ft), managing the modernisation of all common parts whilst keeping existing tenants in situ and retention of existing tenants, refurbishment and letting of vacant space and successfully disposing of the improved investment.

In joint-venture with Grainger Trust David assembled a portfolio of five strategically located freeholds on the periphery of a proposed 750,000 sq ft new development in The City of London. This joint venture has now been concluded with the disposal of all five properties to the Corporation of the City of London.