Office

75 King William Street, London EC4

 

Price: £67,000,000 - Initial Yield:6.71%

Date: Q3 2010

Acting on behalf of Aberdeen Asset Management we advised on the purchase of this prime office investment from DEGI International for £67m, reflecting a net initial yield of 6.71%.

The property comprises a substantial Grade A office building situated in the heart of the City of London. The building provides 127,587 sq ft (11,853 sq m) of high specification office accommodation arranged over basement, lower ground, mezzanine and 7 upper floors. There are 3 retail units situated on ground floor level fronting King William Street.

The property is multi-let to 12 tenants with a weighted unexpired term of 4.7 years and produces a total passing rent of £4,755,105.50 p.a (£35.26 psf overall). 

Contact

Jeff Ellis

Tel: 020 7493 3330
Mob: 07775 582 719
jellis@lewisellis.co.uk

Matthew Brown

Tel: 020 7493 3330
Mob: 07836 724 420
mbrown@lewisellis.co.uk


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