£62.25 million / NIY – 5.27% / £1,035 per sq ft
60,173 sq ft
Trinova Real Estate (on behalf of a private investor)
Having advised on the original leasing campaign, CBRE was instructed by Aviva Investors to dispose of this high quality freehold, multi-let asset situated in a prime Midtown location bordering Covent Garden.
Following an extensive marketing campaign, resulting in multiple second-round bids, CBRE delivered strong pricing and an excellent result for the Fund.
Strong collaboration between CBRE service lines and across the London team ensured that the due diligence process was effective and efficient and transaction risk was minimised at all stages.
“CBRE demonstrated strong knowledge of the London Midtown market and generated keen interest to secure good pricing and a swift transaction.”