$40m UK sell-off as NorthStar continues disposals

NorthStar Chiswick

NorthStar Realty Europe has sold three assets in the UK for a combined $40m (£31m) as the company continues to consider a potential sale of the business.

The New York-listed company sold assets in Chiswick, St Albans and Glasgow at an 8% premium to book value. It also sold three assets in Germany for $41m at a 51% premium to book value.

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