33 JERMYN STREET- FOR PAGE

VALUE
£132.25 million / NIY – 4.22% / £1,540 per sq ft 

AREA

85,981 sq ft 
 
PURCHASER
Reuben Brothers

VENDOR
Aberdeen Standard Investments

CBRE’S ROLE
Disposal

DESCRIPTION
CBRE acted for Aberdeen Standard Investments in the sale of this long leasehold, corner office property, which is single let to Apax Partners with five retail units below. Due to the uncertainty around Brexit and timing of sale CBRE advised ASI to undertake a discreet off market campaign. 

CBRE was able to leverage its strong relationship with the Reuben Brothers to ensure the transaction closed within a 10 day timetable.