McKay completes sale of 30 Lombard Street

30 Lombard Street - Hero Image

McKay Securities has completed the £76.5m sale of 30 Lombard Street in the City of London to pan-European institutional fund REInvest after initially striking the deal nine months ago.

The deal reflects a net initial yield of 4.16%, and the proceeds will be used to pay down debt and fund future acquisitions. 

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue