Universities Superannuation Scheme is preparing to sell 110 Cannon Street, EC4, for £100m – a 4.5% yield.
Knight Frank and JLL are understood to have been instructed to sell the 70,000 sq ft office building, which USS bought from Land Securities in 2011 for £48.5m. It has since undergone a major refurbishment.
Occupiers include business and management consultancy firms FRP Advisory and Kiddy & Partners and investment management firm Acadian Asset Management.
All parties declined to comment.
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