Equistone Partners Europe Limited, PT 6TH FLR 60 Ludgate Hill, EC4M 7AW
Offices and premises Decided 20 July 2026 CHG100560581 Knight Frank - Bjorn Bowles
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants, represented by surveyors, challenged the 2017 rating list valuation at £550 per m2 for office floors at 60 Ludgate Hill, proposing a reduction to £535 per m2 based on rental evidence and comparable assessments. The tribunal found that rental evidence from within the subject building ranged from £504 to £629 per m2, with the adopted price of £550 per m2 falling reasonably within this spread and therefore not unreasonable. The appeals were dismissed and the original valuations confirmed.
Summary generated from the decision text and checked against it. The appellant was Commonwealth Bank of Australia, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 26 June 2026
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