London Investment Properties Track Record

New River Yard, Clerkenwell, EC1

January 23, 2023

new-river-yard-clerkenwell

VALUE
£67.5 million / NIY - 5.20% / £955 per sq ft

AREA
70,713 sq ft

PURCHASER
Private Investor

VENDOR
Derwent London


CBRE’S ROLE

Disposal

DESCRIPTION
CBRE acted for Derwent London to dispose of their freehold interest in New River Yard, an asset comprising four office buildings which are multi-let to 13 tenants. 

The disposal enabled Derwent London to follow their strategy of recycling mature assets to then reinvest in other development and pipeline opportunities.

 

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