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Aviva Investors sells Midtown office block

Aviva Investors has exchanged contracts to sell 33 Kingsway, WC2, to Trinova, acting on behalf of a private South American client for £62m.

Located close to Aldwych, the 60,173 sq ft property features balconies on floors two to six and has 46 bicycle spaces, 43 lockers and five showers.

It was put up for sale in May with CBRE at a quote price of £65m, reflecting a 5% yield.

Tenants include fashion label Michael Kors, the EMEA headquarters of e-commerce platform ChannelAdvisor and Japanese healthcare company Shionogi.

Aviva Investors and Trinova have been contacted for comment.

To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette

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