PropertyEU

GPE acquires mixed-use scheme from Henderson fund

By A staff reporter 2012-06-01T00:00:00

Great Portland Estates (GPE) has acquired the head leasehold interests in French Railways House and 50 Jermyn Street in London from Henderson Global Investor's Central London Office Fund 1. The purchase price of £39 mln (EUR 48 mln) reflects a net initial yield of 5.1%.

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