Goldman Sachs has completed the acquisition of Swedish pension fund Alecta’s £350m UK property portfolio.
That price corresponds to a net initial yield of 6.1%.
The portfolio comprises 26 industrial, office and retail buildings.
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Developer LondonMetric being advised on the letting by Knight Frank
Redevelopment of three buildings in Holborn will total more than half a million square feet
COMMENT Jonathan Vandermolen on mounting pressures for the market
The duo will look to let the restored building’s top fifth floor
