Manchester law firm Hill Dickinson has sold its 34,000 sq ft 50 Fountain Street offices to Citigroup for more than £10m.
The sale represents a 6% yield, based on a 20-year leaseback to Hill Dickinson at £18.25 per sq ft.
The law firm bought the building from ING Real Estate last September for £7m.
CB Richard Ellis advised Citigroup.
Berkeley Brown advised Hill Dickinson.
References: EGi News 07/05/04
