By Emanuele Midolo2018-11-29T13:00:00
Acquisition of block from Moorfield Group for £38m would reflect a 5.5% yield.
The institutional investor is on the verge of acquiring the 53,000 sq ft block from Moorfield Group, for a price that would reflect a 5.5% yield.
The sale of the five-storey grade-A office, which is managed by XLB Property, has been triggered by two new lettings at the building, which is now more than 70% let.
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