London Investment Properties Track Record
Fleet Place House, EC4
£111.7 million / NIY - 4.86% / £1,212 per sq ft
AREA
92,185 sq ft
PURCHASER
M&G
VENDOR
BCDH
CBRE’S ROLE
Acquisition
DESCRIPTION
CBRE advised M&G Real Estate, on behalf of an Asian investor, on the acquisition of Fleet Place House for £111.7m following a competitive bids process.
It was the first UK real estate investment made by the Asian investor who acquired the 92,000 sq ft, nine-storey office and retail multi-let building from Beijing Capital Development Holdings (BCDH).
CBRE’s Investment Properties team was supported by the Lease Consultancy, Central London Investor Leasing and Property Management teams throughout the transaction.
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