PropertyEU

TH Real Estate snaps up London project at 4.5%

By Virna Asara 2014-11-10T00:00:00

TIAA Henderson Real Estate has exchanged contracts to acquire a 151-year leasehold interest in 12/14 New Fetter Lane in London from Great Portland Estates. The investment volume of £165.8 mln (€211 mln) reflects a yield of 4.5%.

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