USS has bought Siemens’ UK headquarters in Surrey for £42.3m – a 7% yield.
The 184,000 sq ft property, Sir William Siemens Square in Frimley, has been bought from Invista Real Estate Investment. It is let on five separate leases expiring in 2027, with a tenant break option in 2022.
DTZ and King Sturge acted for USS; Knight Frank advised Invista.
samantha.mcclary@estatesgazette.com
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