Metro-Building-

VALUE
£12.25 million
 
PURCHASER
Rockspring

VENDOR
Aviva

CBRE’S ROLE
Disposal

DESCRIPTION
CBRE advised the sale of a freehold to the long leaseholder off market at a very significant premium to book value.  The initial offer received was £1m and through detailed marriage value negotiations the final price secured was increased to £12.25m.