Back
News

Covent Garden trophy for sale

1-Southampton-StreetAviva Investors and Canada’s Public Sector Pension Investment Board have instructed JLL to sell 1 Southampton Street, WC1, for more than £50m.

The price reflects a 4% yield.

The 27,335 sq ft, eight-storey building was recently refurbished and is fully let to tenants including Private Equity Recruitment, Greenfield Capital and Elysian.

Together Aviva and PSP own around £1bn of central London assets after forming a joint venture last year.

To send feedback, e-mail Shekha.Vyas@estatesgazette.com or tweet @shekhaV or @estatesgazette

Up next…