PropertyEU

Great Portland sells Met Building for EUR 153m

By A staff reporter 2007-09-28T00:00:00

Great Portland Estates (GPE) is selling the 110,000 square foot (10,219 m2) Met Building to Lazari Investments for £107 mln (EUR 153 mln). The sales price represents a net initial yield to the purchaser of 4.1%. Great Portland said the transaction price is in line with the property's book value ...

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