A joint venture between Hines and Hermes Real Estate has put its Hyde Park Hayes office development in West London up for sale.
The jv has instructed Jones Lang LaSalle to sell the 216,800 sq ft asset for in excess of £26.6m, reflecting a yield of 8%.
JLL was due to call bids in this Friday, with interest expected from overseas bidders.
The three-building development is multi-let to eight tenants producing £2.2m pa.
james.buckley@estatesgazette.com
