London Investment Properties Track Record
Johnson Building, 77 Hatton Garden and 5-7 Cross Street, EC1
VALUE
£167.6 million / NIY - 4.10% / £869 per sq ft
AREA
192,700 sq ft
TRANSACTION DATE
December 2020
PURCHASER
Eurazeo Patrimoine
VENDOR
Derwent
CBRE’S ROLE
Disposal
DESCRIPTION
CBRE advised Derwent London on the disposal of The Johnson Building, a 192,700 sq ft estate in Farringdon, having provided ongoing strategic advice for two years.
CBRE London Leasing created value for Derwent London through executing a successful leasing campaign ahead of the sale.
The transaction demonstrates the benefit of a cross-service line approach with Leasing and Investment Properties working closely together to deliver an excellent client outcome.
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Contacts
David Green
Executive Director
Ella Johnson
Director
Capital Markets
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