PropertyEU

Hansainvest buys 2 Hardman Street for £56.7m

By A staff reporter 2009-01-09T00:00:00

German property fund Hansainvest has bought 2 Hardman Street in Spinningfields, Manchester for £56.7 mln (EUR 63 mln). The property was sold by Legal & General (L&G) at a net initial yield of 6.75%. The 150,000 sq ft (14,000 m2) building, which was completed in April 2006, is currently let ...

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