German open-ended fund HansaInvest has paid HypoBank around £21m for 8-10 Great George Street, London SW1. The sale price reflects a yield of just over 9%.
The 4,970 sq m (53,000 sq ft) office block, which stands next door to the RICS headquarters, is let to a handful of tenants including the Police Complaints Authority.
Savills advised HypoBank while Hillier Parker and Muller International represented HansaInvest.
EGi News 24/10/1996
