PropertyEU

New Star UK fund sells London office for EUR 170m

By A staff reporter 2008-02-19T00:00:00

UK asset manager New Star has sold the office property at 60 Gracechurch Street in the City of London for £127.5 mln (EUR 170 mln), reflecting an initial yield of about 5.5%. The fund manager declined to name the buyer but said it received a number of offers for the ...

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