PropertyEU

Warner acquires London office asset for EUR 65m

By A staff reporter 2007-08-02T00:00:00

Warner Estate has confirmed the purchase of Cable House in central London from a private vendor for £44 mln (EUR 65 mln), reflecting a net initial yield of 5.51%. Cable House, at 56-62 New Broad Street, provides 57,000 square feet (over 5,000 m[sup]2[/sup] ) of Grade A office space. The ...

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