Peterson Group is set to more than double its money on its investment in the Ampersand Building, W1, which it has put up for sale for £250m.
The Hong Kong firm has appointed Cushman & Wakefield to sell the 89,337 sq ft building at 178 Wardour Street for a price that reflects a yield of 3.05%.
Peterson bought the Ampersand for £121m from Resolution in 2013 shortly ahead of its completion. King.com, the company behind the Candy Crush Saga game, signed a lease for the entire 67,791 sq ft of offices in September 2015.
It has 8.7 years left on its lease and pays £5.3m pa, equating to £77.50 per sq ft.
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