Listed German property company IMW Immobilien has sold an office property in Woking near London to accountancy firm Firefly for around £60 mln (€75 mln).

Listed German property company IMW Immobilien has sold an office property in Woking near London to accountancy firm Firefly for around £60 mln (€75 mln).

The property, Dukes Court, provides around 20,500 m2 of GLA and generates annual rental income of £3.5 mln.

IMW, which focuses on residential investments in Berlin, plans to invest the proceeds from the disposal in new projects.