KBC purchases EUR 128m office building in the City of London
European banking group KBC Group has acquired an office property in Old Broad Street in the City of London from UK pension provider Aegon Scottish Equitable. The 11,355 m[sup]2[/sup] property was sold for £ 101.5mln (EUR 128.5mln) and reflects a net yield of 5.5%. KBC was advised by Drivers Jonas.
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