London Investment Properties Track Record
New River Yard, Clerkenwell, EC1
May 1, 2022
VALUE
£67.5 million / NIY - 5.20% / £955 per sq ft
AREA
70,713 sq ft
TRANSACTION DATE
May 2022
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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Contacts
David Green
Executive Director
Ella Johnson
Director
Capital Markets
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