Invista seals Farringdon St offices deal
News
by
Bridget O’Connell
Invista Real Estate Investment Management has bought 30 Farringdon Street, EC4, for £19m – a 5% yield.
The 59,000 sq ft office is let to Estates Gazette’s parent company, Reed Elsevier, for 40 years at £17 per sq ft.
Morgan Capital Partners advised Invista; Kinney Green acted for vendor Pickering Properties.
bridget.o’connell@estatesgazette.com
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Invista Real Estate Investment Management has bought 30 Farringdon Street, EC4, for £19m – a 5% yield.
The 59,000 sq ft office is let to Estates Gazette’s parent company, Reed Elsevier, for 40 years at £17 per sq ft.
Morgan Capital Partners advised Invista; Kinney Green acted for vendor Pickering Properties.
bridget.o’connell@estatesgazette.com
To access all EGi news stories and commercial property data sign up for a free trial today, or visit the subscription options page to find out more.
