Henderson Makes £50m City Investment
With the City of London office market continuing to
strengthen, investment levels are rising to their pre-recession heights and
only look set to increase with the influx of both domestic and overseas
investors interested in the opportunities London can provide.
This trend is reflected in the recent reports that Henderson
Global Investors and Anglesea Capital have this week gone under offer to
purchase New London House, EC3 (pictured). The price is thought to be £48.5 million for
the 85,000 square feet building, which if correct reflects an initial yield of
The building is home to 16 tenants including high-profile
firms such as Regus, HSB Underwriting and Omega Underwriting. The average rent
is c. £42 per square foot.
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