London Investment Properties Track Record
1 Old Queen Street, SW1
December 1, 2021
VALUE
£38.45 million / NIY - 3.83% / £1,951 per sq ft
AREA
19,708 sq ft
TRANSACTION DATE
December 2021
PURCHASER
Private Middle Eastern Investor
VENDOR
RE Capital
CBRE’S ROLE
Acquisition
DESCRIPTION
CBRE advised on the successful off market acquisition of 1 Old Queen Street for a Private Middle Eastern Investor.
The Property provides an attractive corner building located in the prestigious Westminster submarket. The asset is held freehold and was comprehensively refurbished in 2021 to deliver best-in-class office space with good natural light throughout. The Property was multi let to three office tenants with rental guarantees on the vacant space.
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