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C&W briefed on £265m City sale

88-Wood-Street-THUMB.jpeg

 

Malaysia’s Kumpulan Wang Amanah Pencen has appointed Cushman & Wakefield to market 88 Wood Street, EC2, for sale.

The striking Richard Rodgers designed building will be marketed with a £265m price tag, reflecting a 4.7% yield.

KWAP bought the 247,000 sq ft office block for £215m – a 5.8% yield – through Deutsche Asset and Wealth Management in 2013.

 

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