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Sharp yield in West End

 


Michael and Steven Elghanayan’s EPIC UK has paid Hermes around £75m – a yield of just over 4% – for 3-5 Burlington Gardens, W1.


 


The 45,000 sq ft Mayfair block is let to Italian restaurant Cecconis and headhunter Heidrick & Struggles.


 


Jones Lang LaSalle advised Hermes; Franc Warwick represented EPIC.


 


bridget.oconnell@rbi.co.uk


 

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