90 HIGH HOLBORN, WC1

VALUE
£200 Million / NIY - 4.59% / £1,088 per sq ft

AREA
183,875 sq ft
 
PURCHASER
Labtech
 
VENDOR
PNB

CBRE’S ROLE
Disposal

DESCRIPTION
CBRE were appointed by PNB to sell 90 High Holborn with the stipulation it was sold in a very tight timeframe. We were able to undertake pre-sale due diligence and commence marketing within two weeks of instruction, allowing us time to ensure maximum global investor engagement. We were able to secure an unrepresented purchaser for the asset and as a consequence of our tightly run process and consistency of sales messaging throughout marketing were able to achieve pricing ahead of quote.

CBRE were awarded the sale after a competitive pitch process and are now the first advisor to have advised PNB on both a purchase and sale in London.
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