PropertyEU

British Land puts EBRD head office up for sale

By A staff reporter 2007-03-29T00:00:00

British Land has appointed DTZ to begin marketing of a 35,770 m[sup]2[/sup] building at the European Bank for Reconstruction and Development's office headquarters with an asking price of £387 mln (EUR 569 mln). The deal reflects a net initial yield of 4.8 %, a spokesperson for British Land told PropertyEU. ...

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