The sale of Aberdeen Asset Management’s Bedfont Lakes office park in Feltham, Middlesex, to M&G, as tipped by Estates Gazette last month, has been confirmed.
The park, totalling 345,000 sq ft of office space, sold for £167m, representing a net initial yield of 5.44%. The original asking price was £142m.
JLL acted for Aberdeen Asset Management. Knight Frank acted for M&G.
