PropertyEU

Orchard Street acquires London offices for EUR 29m

By A staff reporter 2012-04-27T00:00:00

Orchard Street Investment Management has completed the acquisition of 6-10 St Andrew Street in London from Prestbury for £23.5 mln (EUR 29 mln), reflecting a net initial yield of 5.27%. The acquisition was made on behalf of St James' Place property funds.

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