LaSalle Investment Management announced on Monday that it has sold Queensway House, Jersey, for £19 mln (EUR 23 mln) to the UK subsidiary of leading Dutch property company Redevco.
LaSalle Investment Management announced on Monday that it has sold Queensway House, Jersey, for £19 mln (EUR 23 mln) to the UK subsidiary of leading Dutch property company Redevco.
Built in 1975 and fully refurbished in the late 1990s, the property is a modern town centre mixed investment. It covers an area totalling 3,500 m2 and is occupied by Monsoon and Next at ground level with offices let to Computeshare and two private flats on the floors above.
The purchaser has acquired the freehold of the property from the Jersey based, dedicated holding company for the property owned by a client of LaSalle's, Queensway Properties (St Helier).
Jones Lang LaSalle acted as adviser to Redevco.
