A consortium of private investors has bought a majority stake in Cubitt House, which runs 4 pubs in the Knightsbridge and Belgravia areas of London.
Manjit Dale, who is a founding partner of TDR Capital, led the consortium which clinched the £12m deal.
Sunday Times Business 2
The occupier has agreed a 15-year term for the entire 62,500 sq ft block
Closure of 11 government buildings presents opportunity for stock-hungry investors
The vacant site will be converted into a 104-bedroom hotel
The 581-home development ranges across two towers and will be constructed by Midgard
