Capital & Counties has bought a Covent Garden freehold from Derwent London for £67.5m.
The 53,700 sq ft Tower House, 10 Southampton Street, WC2, occupies a corner block and produces a rental income of £3.1m pa.
Ian Hawksworth, chief executive of CapCo, said: “This acquisition is in line with our strategy to expand our footprint, acquire prime assets and invest in our estate.”
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