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Marchmont sells Go-Ahead House

handing-over-cash-generic-THUMB.jpegMarchmont Investment Management has sold Go-Ahead House in Croydon to the Drapers’ Company for £5.95m, a net initial yield of 6.6%.

The office is the HQ of the Southern Rail franchise and is let until 2023.

JLL acted on behalf of the Drapers’ Company; SG Commercial acted on behalf of Marchmont.

alex.horne@estatesgazette.com

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